The financial results has been attached herewith.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Virat Industries, a socks manufacturer, reported Q3 FY26 revenue from operations of ₹584.82 lakh, down from ₹630.94 lakh in Q3 FY25, while nine-month revenue declined to ₹2,169.66 lakh from ₹2,389.23 lakh. However, profit after tax jumped sharply to ₹118.29 lakh in Q3 (from ₹11.88 lakh) and to ₹388.88 lakh for nine months (from ₹72.96 lakh), largely aided by a spike in other income to ₹149.38 lakh in Q3 versus ₹5.64 lakh a year ago. EPS for the quarter stood at ₹0.81 (₹0.24 earlier). The board also approved a preferential allotment of 95,99,999 equity shares at ₹104 each to Mr. Bhavook Chandraprakash Tripathi, nearly tripling the paid-up share capital from ₹4.92 crore to ₹14.52 crore. Auditor B.K. Khare & Co issued an unmodified (unqualified) limited review opinion.
While headline PAT growth looks strong, it is primarily driven by other income rather than core operations, and core revenue continues to shrink. The preferential allotment significantly dilutes existing shareholders (share count nearly triples), which could pressure the stock price despite the earnings jump.