Veto Switchgears Declares ₹1 Dividend, Reports Strong FY26 Results
Veto Switchgears reported a standalone net profit of ₹800.07 Lacs for Q4 FY26, up from ₹794.73 Lacs YoY. Consolidated net profit was ₹880.39 Lacs. For FY26, standalone net profit was ₹2383.22 Lacs and consolidated ₹2458.35 Lacs. The company recommended a final dividend of ₹1 per share.
The results show year-on-year growth in revenue and profit, and the dividend declaration is positive for shareholders. The re-appointment of auditors is a routine matter but contributes to stability.
The company reported increased profits and total income on both standalone and consolidated bases for the quarter and year ended March 31, 2026, along with a dividend recommendation.
Veto Switchgears and Cables Limited announced its audited financial results for the quarter and year ended March 31, 2026, following a Board Meeting held on May 28, 2026. The company reported a standalone net profit of ₹800.07 Lacs for the quarter, an increase from ₹794.73 Lacs in the same period last year. Total income for the quarter rose to ₹7656.49 Lacs from ₹6886.58 Lacs year-on-year.
For the full fiscal year ended March 31, 2026, standalone total income stood at ₹25,399.05 Lacs, up from ₹22,266.20 Lacs in the previous year. The standalone net profit for the year was ₹2383.22 Lacs, compared to ₹2,152.41 Lacs in FY25.
On a consolidated basis, the company posted a net profit of ₹880.39 Lacs for the quarter ended March 31, 2026, an improvement from ₹733.64 Lacs in the corresponding quarter of FY25. Consolidated total income for the quarter increased to ₹13904.84 Lacs from ₹8970.35 Lacs.
For the full fiscal year, consolidated net profit was ₹2458.35 Lacs, up from ₹2,181.96 Lacs in FY25. Consolidated total income for the year grew to ₹38866.43 Lacs from ₹30,292.75 Lacs.
The Board has recommended a final dividend of ₹1 per equity share (10% of face value ₹10), subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the company re-appointed M/s Rajesh & Company as Cost Accountants and Mr. Kunal Sanghi as Internal Auditor for the Financial Year 2026-27.
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Veto Switchgears And Cables Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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