Vimta Labs Limited Releases Unaudited Quarterly Results for Q2 FY26

Vimta Labs Limited Releases Unaudited Quarterly Results for Q2 FY26​

Vimta Labs Limited released its unaudited financial results for the quarter ended June 30, 2026. The results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors in a meeting held on July 20, 2026.

The company reported figures across various income and expense categories, detailing performance indicators against previous quarters and the full fiscal year ending March 31, 2026.

Financial Performance Snapshot​

The unaudited results for the quarter ended June 30, 2026, reflect total income of 1,128.86 million INR, with expenses totaling 845.48 million INR. The company reported a Profit before tax at 283.38 million INR and achieved Total Comprehensive Income for the period amounting to 210.27 million INR.

Key financial figures from the unaudited statement are provided below:

Operational and Segment Updates​

The management reported that the company operates within one reportable segment, identified as 'Contract Research and Testing Services.'

Regarding operational activities, the company is engaged in a Service Concessionaire Arrangement (SCA) with the Food Safety and Standards Authority of India (FSSAI), established on June 29, 2021, to operate a National food Testing Laboratory (NFL) in JNPT, Mumbai. Revenue and costs related to this arrangement are accounted for separately from general operations. For the quarter ended June 30, 2026, revenue and setup expenses relating to the SCA amounted to approximately 0.45 million INR.

In terms of human capital management, the nomination and remuneration committee granted 40,500 stock options to eligible employees under the Vimta Labs Employee Stock Option Plan 2021 (VLES0P-2021). The associated employee compensation expense for the quarter ended June 30, 2026, was approximately 8.46 million INR.

The company also recognized an incremental impact of past service cost in gratuity amounting to approximately 16.16 million INR. This amount, arising from a revision in the definition of wages under the new labour code implemented by the Government of India, has been recorded under 'exceptional items' for the full year ended March 31, 2026.

Independent Auditor Review​

The unaudited financial results were subjected to a Limited Review by the statutory auditors. The independent auditor issued a report confirming that based on their review, nothing had come to their attention that suggested the accompanying Statement contained any material misstatement or failed to disclose required information as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

VIMTALABS Stock Price Movement​

Shares of Vimta Labs Limited are shedding value in live trading, dipping by 1.93% to trade at ₹548.4 as of 1:51 PM today. The stock has seen significant movement during the session, with 228,474 shares traded and a daily range extending from a low of ₹537 to a high of ₹578.4.