Outcome of the Board Meeting & Submission of un-Audited Financial Results for the 3rd quarter of the financial year ended on 31-12-2025 for the F.Y 2025-26.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Virat Crane Industries reported its Q3 FY26 unaudited results on February 14, 2026. Revenue from operations for the quarter stood at Rs 4,836.48 lakhs, up about 24% YoY from Rs 3,893.73 lakhs, while nine-month revenue grew to Rs 12,702.88 lakhs (up ~28% YoY from Rs 9,900.31 lakhs). However, the company posted a net loss of Rs 165.84 lakhs for Q3 and Rs 645.87 lakhs for 9M FY26, compared to profits of Rs 104.59 lakhs and Rs 557.73 lakhs in the same periods last year. Losses are attributed to ramp-up costs at the newly commissioned Adavinekkalam dairy plant (trial run Dec 2024, commercial ops Jan 2025), with depreciation costs jumping nearly five-fold and total expenses exceeding revenue. Management expects the plant to reach breakeven by Q4 FY26; auditor issued a clean limited review report with no qualifications, and the company has no loan defaults (total debt Rs 10.35 crores).
Continued quarterly losses will likely weigh on the stock in the near term, but the strong top-line growth and management's guidance on reaching breakeven by Q4 FY26 offer some comfort for shareholders watching the dairy segment scale up.