Quarterly Result14 Nov 2025, 07:23 pm
Virat Crane Industries Ltd Announces Q2 and Half-Yearly Results for FY 2025-26, Anticipates Breakeven for New Plant
AI Summary
Virat Crane Industries Ltd has announced the standalone un-audited financial results for the 2nd quarter and first half of the financial year ended on 30-09-2025 for the F.Y 2025-26. The company's new plant, Adav-i nekkalam, which underwent a trial run in December 2024 and commenced commercial operations in January 2025, is expected to reach breakeven during Q3 of F.Y. 2025-26. The company's profitability was negatively impacted in Q4 of F.Y. 2024-25 and Q1 & Q2 of F.Y. 2025-26 due to increased operational expenses and depreciation during the ramp-up phase.
Key Highlights
- Virat Crane Industries Ltd announced the standalone un-audited financial results for Q2 and half-yearly results for FY 2025-26.
- The company's new plant, Adav-i nekkalam, is expected to reach breakeven during Q3 of F.Y. 2025-26.
- Increased operational expenses and depreciation led to a negative profit for Q4 of F.Y. 2024-25 and Q1 & Q2 of F.Y. 2025-26.
- The company operates in the Dairy Products business segment.
- The financial results for the quarter and six months ended on 30-09-2025 were reviewed and approved by the Board of Directors.