VIRAT CRANE INDUSTRIES LTD.

Processes and sells dairy products, operating as a single-segment dairy business based in Guntur, Andhra Pradesh. Revenue from operations in FY26 was Rs 17,748.85 lakhs, up 27.5% from Rs 13,919.95 lakhs the year before, but the company swung to a net loss of Rs 7.71 crore against a profit in the prior year. A new dairy plant at Adavinekkalam began commercial operations in January 2025 after a trial run in December 2024, and the cost of ramping it up — through higher depreciation and finance costs — is what drove the loss. Raw materials (the milk input) account for 92.8% of revenue, employees 0.9%, other operating expenses 10.5% and depreciation 1.0%. Borrowings nearly doubled from Rs 710.47 lakhs to Rs 1,635.84 lakhs over the year to fund the new plant. The statutory auditor issued an unmodified opinion on the FY26 results.