Vigor Plast India Limited Announces Unaudited Standalone Financial Results for Quarter Ended June 30, 2026
Vigor Plast India Limited has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the financial statements and the associated Limited Review Report during a meeting held on July 16, 2026.The company reported a steady performance for the period, reflecting operational activity across its primary business segments. The financial data highlights a net profit for the quarter and provides insights into the company's expenditure management and capital structure.
Financial Performance Overview
For the quarter ended June 30, 2026, Vigor Plast India Limited reported total income of 1,749.28 Lakhs (comprising 1,749.28 Lakhs from revenue operations and 0.00 Lakhs from other income). Total expenses for the period amounted to 1,441.91 Lakhs, which included costs related to materials consumed, employee benefits, finance costs, and depreciation.The company recorded a profit before exceptional items and tax of 307.37 Lakhs. After accounting for current tax expenses of 79.34 Lakhs and adjusted for deferred tax, the net profit for the period stood at 230.01 Lakhs.
Quarterly Financial Highlights (Rs. In Lakhs)
| Particulars | Quarter Ended June 30, 2026 | Previous Year (Same Period) |
|---|---|---|
| Revenue from Operations | 1,749.28 | 2,072.19 |
| Other Income | - | 2.13 |
| Total Income (a+b) | 1,749.28 | 2,074.32 |
| Cost of Material Consumed | 1,066.34 | 696.73 |
| Employee Benefit Expense | 49.56 | 85.57 |
| Depreciation and Amortisation | 111.59 | 121.74 |
| Total Expenses | 1,441.91 | 1,715.87 |
| Profit Before Tax | 307.37 | 358.45 |
| Net Profit for the Period | 230.01 | 283.90 |
Key Financial Ratios and Capital Data
The company maintains a steady equity base with a paid-up equity share capital of 1,035.17 Lakhs as of the reporting date. The fundamental financial ratios provided by the company indicate its current liquidity and leverage positions.| Metric | Quarter Ended June 30, 2026 | Previous Year (Same Period) |
|---|---|---|
| Basic Earnings per Share (EPS) | 2.22 | 2.74 |
| Debt Equity Ratio | - | 0.16 |
| Interest Services Coverage Ratio | 13.60 | 15.31 |
Utilization of IPO Proceeds
The company provided a detailed breakdown regarding the utilization of proceeds from its Initial Public Offering (IPO), which totaled Rs 2,024.35 Lakhs. The funds were primarily directed toward the repayment of borrowings and capital expenditure for warehouse development in Ahmedabad, Gujarat.IPO Funds Utilization Table
| Particulars | Planned as per Prospectus | Utilised | Pending for Utilisation |
|---|---|---|---|
| Repayment of Certain Borrowings | 1,139.30 | 1,139.30 | - |
| Development/Construction of New Warehouse | 379.96 | 105.90 | 274.06 |
| General Corporate Purpose | 303.26 | 282.68 | 20.58 |
| Public Issue Expenditure | 201.83 | 201.83 | - |
| Total | 2,024.35 | 1,729.71 | 294.64 |
VIGOR Stock Price Movement
Vigor Plast India Limited shares settled at ₹109.00 today after closing flat in post-market trading. The stock reached a remarkable 52-week high during the session, with 52,800 shares changing hands.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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