Veto Switchgears Q3 FY26 Net Profit Surges to ₹6.42 Crore, Revenue Up 28%
Veto Switchgears reported a standalone net profit of ₹6.42 Crore for Q3 FY26, a 67% increase year-on-year. Consolidated net profit rose by 73% to ₹6.27 Crore. Total income saw a substantial jump, with standalone revenue at ₹72.22 Crore and consolidated revenue at ₹94.77 Crore.
The substantial year-on-year growth in profits and revenues is a material development for the company's financial health and investor outlook.
The company reported a significant increase in net profit and total income on both standalone and consolidated bases, indicating strong financial performance.
Veto Switchgears and Cables Limited announced its unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025. The company reported a standalone net profit of ₹641.92 Lacs (₹6.42 Crore), a significant increase from ₹383.79 Lacs (₹3.84 Crore) in the same quarter last year. Total standalone income rose to ₹7221.92 Lacs (₹72.22 Crore) from ₹5,647.08 Lacs (₹56.47 Crore) year-on-year.
On a consolidated basis, the net profit after taxes stood at ₹627.16 Lacs (₹6.27 Crore), up from ₹363.33 Lacs (₹3.63 Crore) in the corresponding quarter of the previous fiscal. Consolidated total income increased to ₹9477.32 Lacs (₹94.77 Crore) from ₹7715.95 Lacs (₹77.16 Crore) for the quarter ended December 31, 2024.
For the nine-month period ended December 31, 2025, standalone net profit was ₹1583.13 Lacs (₹15.83 Crore), compared to ₹1357.69 Lacs (₹13.58 Crore) in the prior year. Consolidated net profit for the nine months was ₹1577.95 Lacs (₹15.78 Crore), an improvement from ₹1448.31 Lacs (₹14.48 Crore) in the same period last year. The Board of Directors approved these results in a meeting held on February 13, 2026, in Jaipur.
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