Veto Switchgears Declares Final Dividend of ₹1/Share; Q4FY26 Profit Rises to ₹800 Crore
Veto Switchgears reported Q4FY26 standalone net profit of ₹800.07 Lacs, up from ₹794.73 Lacs YoY. Consolidated net profit rose to ₹880.39 Lacs from ₹733.64 Lacs. The company recommended a final dividend of ₹1 per share. Auditors and Cost Auditors were re-appointed for FY26-27.
The financial results show year-on-year growth, and the dividend announcement is positive for shareholders. However, the impact is moderate as the growth figures are not exceptionally high and there are no major strategic announcements.
The company reported growth in both standalone and consolidated net profit and total income for the quarter and year ended March 31, 2026. The recommendation of a final dividend also contributes to positive sentiment.
Veto Switchgears and Cables Limited announced its financial results for the quarter and year ended March 31, 2026. The company's board of directors, in a meeting held on May 28, 2026, approved the audited standalone and consolidated financial results.
For the quarter ended March 31, 2026, the standalone net profit was ₹800.07 Lacs, an increase from ₹794.73 Lacs in the same quarter last year. Total income rose to ₹7,656.49 Lacs from ₹6,886.58 Lacs.
On a consolidated basis, the net profit for the quarter was ₹880.39 Lacs, up from ₹733.64 Lacs in the prior year's corresponding quarter. Consolidated total income increased to ₹13,904.84 Lacs from ₹8,970.35 Lacs.
For the full fiscal year ended March 31, 2026, standalone total income stood at ₹25,399.05 Lacs, compared to ₹22,266.20 Lacs in FY25. The standalone net profit for the year was ₹2,383.22 Lacs, up from ₹2,152.41 Lacs.
Consolidated total income for the year reached ₹38,866.43 Lacs, an increase from ₹30,292.75 Lacs in FY25. The consolidated net profit for the year was ₹2,458.35 Lacs, up from ₹2,181.96 Lacs.
The board also recommended a final dividend of ₹1 per equity share (10% of face value of ₹10), subject to shareholder approval at the upcoming Annual General Meeting.
Additionally, M/s Rajesh & Company was re-appointed as the Cost Auditor and Mr. Kunal Sanghi as the 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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