Veto Switchgears & Cables' Q2 FY 2026-27 Quarterly Results

Result Summary

• Veto Switchgears & Cables Ltd reported a 32.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 32.5%.
• Its expenses for the quarter were up by 31.8% QoQ and 31.5% YoY.
• The net profit increased 38.1% QoQ and increased 32.9% YoY.
• The earnings per share (EPS) of Veto Switchgears & Cables Ltd stood at 4.39 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Veto Switchgears & Cables Ltd is a company that operates within the electrical equipment industry, primarily focusing on the manufacturing and distribution of switchgears, cables, and related electrical products. The company is known for its diverse range of electrical solutions catering to both commercial and residential sectors. While specific recent developments about the company are not provided in the data, Veto Switchgears & Cables Ltd has been recognized for its commitment to delivering quality electrical products and its presence in both domestic and international markets. The company's product offerings typically include electrical accessories, wires, and cables, which are integral to construction and infrastructure projects.

Revenue

In the second quarter of the financial year 2027 (Q2FY27), Veto Switchgears & Cables Ltd reported a total income of ₹118.77 crores. This represents a significant increase when compared to the previous quarter (Q1FY27) where the total income was ₹89.89 crores, showcasing a quarter-over-quarter (QoQ) growth of 32.1%. Similarly, on a year-over-year (YoY) basis, the total income rose by 32.5% from ₹89.62 crores in Q2FY26. This upward trend in revenue indicates a positive momentum in the company's ability to generate sales over the past year, contributing to its financial performance in the current quarter.

Profitability

The profitability metrics for Veto Switchgears & Cables Ltd demonstrate growth in the second quarter of FY27. The company achieved a profit before tax (PBT) of ₹11.17 crores, which is a 35.9% increase from the ₹8.22 crores reported in Q1FY27, and a 42.7% rise from the ₹7.83 crores in Q2FY26. The tax expense for the current quarter was ₹3.09 crores, marking a 30.4% increase from the preceding quarter's tax of ₹2.37 crores, and a 75.6% increase from the ₹1.76 crores in Q2FY26. The profit after tax (PAT) for Q2FY27 was ₹8.08 crores, which signifies a 38.1% growth compared to Q1FY27 and a 32.9% increase from Q2FY26. These figures highlight the company's ability to enhance its profitability over both the quarter and the year.

Operating Metrics

Operating metrics for Veto Switchgears & Cables Ltd in Q2FY27 show a total expense of ₹107.59 crores, which is a 31.8% increase from the previous quarter's expenses of ₹81.66 crores, and a 31.5% rise from ₹81.79 crores in Q2FY26. The earnings per share (EPS) for the current quarter stood at ₹4.39, reflecting a 41.6% increase from ₹3.10 in Q1FY27, and a 38.1% increase from ₹3.18 in Q2FY26. These metrics provide insight into the company's operational efficiency and shareholder returns, illustrating the financial gains realized during this period.