Veto Switchgears & Cables' Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- Veto Switchgears & Cables Ltd reported a 5.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 22.8%.
- Its expenses for the quarter were up by 5.2% QoQ and 19.6% YoY.
- The net profit increased 3.1% QoQ and increased 72.7% YoY.
- The earnings per share (EPS) of Veto Switchgears & Cables Ltd stood at 3.45 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 94.77 | 89.62 | 77.16 | 5.7% | 22.8% |
Total Expenses | 86.01 | 81.79 | 71.94 | 5.2% | 19.6% |
Profit Before Tax | 8.76 | 7.83 | 5.22 | 11.9% | 67.8% |
Tax | 2.48 | 1.76 | 1.58 | 40.9% | 57.0% |
Profit After Tax | 6.27 | 6.08 | 3.63 | 3.1% | 72.7% |
Earnings Per Share | 3.45 | 3.18 | 1.90 | 8.5% | 81.6% |
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 operates in the electrical components and equipment industry, primarily focusing on the production and distribution of electrical accessories. The company's product portfolio includes a variety of switchgears, wires, cables, and other electrical fittings, catering to both residential and commercial sectors. Veto has established a strong market presence in India, leveraging its manufacturing capabilities to supply a diverse range of electrical solutions. As of now, there is no specific information available about recent major developments within the company.
Revenue
In the third quarter of the fiscal year 2026, Veto Switchgears & Cables Ltd reported a total income of ₹94.77 crores. This reflects a quarter-over-quarter growth of 5.7% from ₹89.62 crores in Q2FY26. Compared to the same quarter in the previous fiscal year (Q3FY25), where the total income was ₹77.16 crores, the company achieved a year-over-year increase of 22.8%. This consistent growth in revenue highlights an upward trend in the company's income generation over the periods analyzed.
Profitability
For Q3FY26, Veto Switchgears & Cables Ltd recorded a profit before tax of ₹8.76 crores, marking an 11.9% increase from the previous quarter's ₹7.83 crores. Year-over-year, the profit before tax surged by 67.8% from ₹5.22 crores in Q3FY25. Following taxation, the profit after tax for Q3FY26 stood at ₹6.27 crores, up by 3.1% from Q2FY26's profit of ₹6.08 crores and a significant 72.7% increase from ₹3.63 crores in Q3FY25. The Earnings Per Share (EPS) for the quarter was ₹3.45, reflecting an 8.5% growth from the previous quarter and an 81.6% rise compared to the same quarter last year.
Operating Metrics
Total expenses for Veto Switchgears & Cables Ltd in Q3FY26 were ₹86.01 crores, increasing by 5.2% from ₹81.79 crores in Q2FY26. Compared to Q3FY25, where expenses were ₹71.94 crores, there was a year-over-year increase of 19.6%. The tax expense for Q3FY26 was ₹2.48 crores, representing a 40.9% rise from the previous quarter's ₹1.76 crores and a 57.0% increase from ₹1.58 crores in Q3FY25. These figures indicate an upward trend in the company's costs alongside its revenue growth, contributing to the overall financial performance of the company.