Submission of the Un-Audited Financial results for the 3rd quarter period ended on 31-12-2025 for the F.Y2025-26
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Virat Crane Industries reported revenue from operations of Rs 4,836.48 lakhs for Q3 FY26, up about 24% from Rs 3,893.73 lakhs in Q3 FY25. Nine-month revenue grew to Rs 12,702.88 lakhs versus Rs 9,900.31 lakhs in the same period last year, a jump of roughly 28%. Despite the strong top-line growth, the company posted a net loss of Rs 165.84 lakhs for the quarter and Rs 645.87 lakhs for the nine months, compared to profits of Rs 104.59 lakhs and Rs 557.73 lakhs a year ago. Management attributed the losses to the new Adavinekkalam dairy plant, which began commercial operations in January 2025 and is still in its ramp-up phase, with finance costs and depreciation weighing on margins. Management expects the plant to break even by Q4 FY26. The statutory auditor issued an unqualified (clean) limited review report with no qualifications.
Revenue is scaling up well post the new plant launch, but profitability remains negative due to high fixed costs from the new facility. Until the plant hits management's expected breakeven, shareholders should expect continued quarterly losses; a clean auditor review is a positive but operational execution is the key risk to watch.