Pursuant to Regulation 30 read with Schedule III and other relevant SEBI Circulars and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....
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Vippy Spinpro's board approved unaudited standalone results for Q3 FY26 and the nine months ended 31 December 2025. Revenue from operations fell to Rs 5,549.83 lakhs in Q3 FY26 from Rs 6,990.62 lakhs in Q3 FY25, a decline of roughly 20% year-on-year. Total income for the quarter stood at Rs 5,623.80 lakhs against Rs 7,034.56 lakhs a year ago. Profit after tax dropped to Rs 182.97 lakhs (Q3 FY25: Rs 373.20 lakhs), with EPS of Rs 3.12 versus Rs 6.36. An exceptional charge of Rs 72.61 lakhs was recognised on account of new Labour Codes (past service cost on employee benefit plans). The statutory auditor R.S. Bansal & Co. issued an unmodified limited review report with no qualifications. The company mentioned that its expansion programme is in progress and expected to be completed in the last quarter of FY26.
Sharp year-on-year drop in both revenue (~20%) and profit (~51%) is negative for the stock in the near term, though the exceptional Labour Codes charge is a one-time, non-operational item. Lower finance costs and an ongoing capacity expansion could support future growth, but the headline earnings miss is the key takeaway for shareholders.