Vidya Wires Reports Q1 FY26 Un-audited Financial Results; Board Makes Key Operational Appointments

Vidya Wires Reports Q1 FY26 Un-audited Financial Results; Board Makes Key Operational Appointments

Vidya Wires Reports Q1 FY26 Un-audited Financial Results; Board Makes Key Operational Appointments​

Vidya Wires Limited today announced its un-audited consolidated and standalone financial results for the first quarter and three months ended June 30, 2026. The company also detailed several key corporate appointments and an investment move into a wholly-owned subsidiary.

The Board of Directors held a meeting on August 11, 2026, where it reviewed and approved the results for both the consolidated and standalone entities.

Q1 FY26 Financial Highlights​

The results showed strong performance across both metrics.

Metric (in Million)Consolidated ResultsStandalone Results
Revenue from operations5,497.104,934.14
Total Income5,527.964,984.83
Cost of materials consumed5,144.164,646.55
Profit Before Tax (PBT)231.53223.82
Net Profit for the period171.35166.70
EPS (Continuing Operations)0.810.78

Strategic Investments and Governance Updates​

The Board considered and approved several strategic matters aimed at strengthening corporate governance and continuing operations.

Investment in Subsidiary: The Company made an investment of INR 125,00,00,000 into ALCU Industries Private Limited, a wholly-owned subsidiary (WOS). This capital infusion was channeled into 1,25,00,000 Non-Convertible Redeemable Preference Shares of INR 100/- each. The investment maintains the Company's status as a WOS in AIPL.

Key Appointments:
  • Ms. Jaya Ashok Bhardwaj (ACS:37912) was appointed as Company Secretary and Compliance Officer and designated as Key Managerial Personnel (KMP), effective August 11, 2026.
  • M/s. D. G. Bhimani & Associates was appointed as Secretarial Auditor for a term of five consecutive years, starting April 1, 2026, until March 31, 2031.
  • M/s. J. B. Mistry & Co. was appointed as Cost Auditors for Financial Year 2026-27.
  • M/s. Mukund & Rohit was appointed as Internal Auditors for Financial Year 2026-27.

Dividends and Future Plans​

The Board of Directors, having reviewed the financial performance, decided not to recommend any Final Dividend on equity shares of the Company (21,26,92,307 equity shares of ₹1/- each) for the financial year 2025-2026.

Furthermore, the convening of the 44th Annual General Meeting was approved and scheduled for Friday, September 18, 2026, to be conducted via Video-Conferencing / Other Audio Visual Means.

VIDYAWIRES Stock Price Movement​

Shares of Vidya Wires Limited slipped downward on Tuesday, settling at ₹97.69 after closing 0.42% lower from the previous trading day’s close. The stock traded on a volume of 1.76 million shares, having dipped as low as ₹96.5 during the session.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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