Veto Switchgears Posts Strong Q1 Results, Net Profit Rises Standalone and Consolidated
Veto Switchgears and Cables Limited has announced its Unaudited Financial Results for the quarter ended June 30, 2026, showing robust growth across both standalone and consolidated performance metrics. The company reported significant increases in total income and net profit compared to the corresponding period last year.The Unaudited Standalone results for the quarter ended June 30, 2026, reflect substantial improvements in profitability. Veto Switchgears recorded a net profit of Rs. 597.21 Lacs, up from Rs. 372.12 Lacs in the first quarter ended June 30, 2025. Furthermore, the Total Income increased to Rs. 5,805.73 Lacs, up from Rs. 4,324.15 Lacs for the same period last year.
On a consolidated basis, the company also demonstrated strong growth during the quarter. Net profit after taxes, minority interest and share of profit of associates stood at Rs. 585.13 Lacs for the Quarter ended June 30, 2026. This is an increase from Rs. 343.21 Lacs reported in the first quarter ended June 30, 2025. Consolidated Total Income reached Rs. 8,935.55 Lacs, compared to Rs. 6,487.04 Lacs for the previous year’s corresponding quarter.
Segment Revenue Overview (Q1 FY2026)
The company's operational strength was reflected in its segment-wise results during the first quarter of the fiscal year. The following table provides a summary of key revenues and profits across different segments:| Metric | Q Ended June 30, 2026 (Rs. Lakhs) | Q Ended June 30, 2025 (Rs. Lakhs) |
|---|---|---|
| Revenue from Operations | 5,805.73 | 4,324.15 |
| Net Profit After Tax (Standalone) | 597.21 | 372.12 |
The company maintains a diversified business structure across multiple segments. The segment performance data highlights revenue trends for "Wiring & Cables" and "Lighting," with Revenue from Operations in these segments reporting 2,851.52 Lakhs and 2,036.88 Lakhs, respectively, in the quarter ended June 30, 2026.
The results were reviewed by the auditors of the company, and the Limited Review Report has been issued along with the unaudited financial results.
VETO Stock Price Movement
On Wednesday, Veto Switchgears And Cables Limited shares slipped by 0.75% to settle at ₹120.46. The stock traded a total of 19,170 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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