Vidya Wires Approves Financial Results for March 2026; Company Secretary Resignation Confirmed
Vidya Wires Limited announced key corporate governance updates and financial results following a Board meeting held on May 12, 2026. The Board approved the audited Standalone and Consolidated Financial Results for the Quarter and Year ended March 31, 2026, noting unmodified opinions from the Statutory Auditors, M/s. O. P. Rathi & Co.In the governance update, the Board accepted and approved the resignation of Mr. Alpesh Makwana from the role of Company Secretary & Compliance officer, effective closing business hours on May 12, 2026.
The company also provided an updated list of Key Managerial Personnel (KMP) following the resignation:
| Sr. Nos. | Name of KMP | Designation |
|---|---|---|
| 1 | Shyamsundar Rathi | Chairman & Whole Time Director |
| 2 | Shailesh Rathi | Managing Director |
| 3 | Naveen Pachisia | Chief Financial Officer |
Financial Highlights: Year Ended March 31, 2026
The company released detailed financial statements, presenting the audited results for the Quarter and Year ended March 31, 2026.Consolidated Financial Results
The comprehensive financial performance details are available for comparison over the last two years:| Particulars | 31.03.2026 (Audited) | 31.03.25 (Audited) |
|---|---|---|
| Total Income | 18,482.47 | 14,858.29 |
| Revenue from operations | 5,987.81 | 3,796.20 |
| Other income | 39.32 | 50.57 |
| Total Expenses | 17,703.02 | 14,310.59 |
| Profit Before tax | 779.45 | 547.70 |
| Total tax expense | 202.90 | 142.13 |
| Profit for the period | 576.55 | 405.58 |
| Total comprehensive income | 576.10 | 405.10 |
Standalone Financial Results
The standalone financials confirm strong revenue growth, with Total Income reaching 18,404.22 for the year ended March 31, 2026.| Particulars | 31.03.2026 (Audited) | 31.03.25 (Audited) |
|---|---|---|
| Total Income | 18,297.09 | 14,791.19 |
| Revenue from operations | 5,888.51 | 3,796.20 |
| Other income | 107.13 | 55.38 |
| Total Expenses | 17,600.16 | 14,293.78 |
| Profit Before tax | 804.06 | 552.79 |
| Total tax expense | 203.10 | 142.25 |
| Profit for the period | 600.96 | 410.54 |
Cash Flow Summary
The company's operational cash generation demonstrated significant activity compared to the previous year.| Cash Flow Component | As at 31st March 2026 | As at 31st March 2025 |
|---|---|---|
| Net cash from operating activities | (92.90) | (167.70) |
| Net cash from investing activities | (1,482.81) | (75.91) |
| Net cash from financing activities | 1,822.38 | 245.67 |
| Net Increase/(Decrease) in cash and cash equivalents | 246.67 | 2.06 |
| Cash and cash equivalents at the end of the period | 251.16 | 4.48 |
VIDYAWIRES Stock Price Movement
Vidya Wires Limited shares settled today, shedding 0.93% or ₹0.88, closing at ₹93.73. The equity traded robustly with 6.00 million shares transacted, yet the price remains below its 52-week high of ₹97.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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