V.I.P. Industries Limited announced the approval of its Un-audited Standalone and Consolidated Financial Results for the quarter and nine months ending December 31, 2025 (Q3 FY2026). The Board meeting concluded on February 14, 2026, following review by the Audit Committee. Key financial statements detailing performance across revenue, expenses, and profit/loss are now public, alongside the Limited Review Report from the Statutory Auditors.
Q3 FY2026 Financial Results Review
The Board of Directors of V.I.P. Industries Limited convened on February 14, 2026, to consider and approve the financial performance for the third quarter (Q3) and the nine-month period ending December 31, 2025. The results, encompassing both Standalone and Consolidated figures, were reviewed and recommended by the Audit Committee prior to board approval.
Standalone Performance Highlights (Q3 ended December 31, 2025)
For the quarter ended December 31, 2025, the Standalone Total Revenue stood at Rs. 457.96 Crs. Total Expenses for the period were Rs. 560.27 Crs. This resulted in a consolidated Profit/(Loss) before tax of (Rs. 34.74 Crs). After accounting for tax expenses, the Profit/(Loss) for the period was a loss of (Rs. 38.19 Crs), compared to a loss of (Rs. 139.03 Crs) in the corresponding quarter of the previous year (Q3 FY2025).
Nine Months Ended December 31, 2025 (Standalone)
- Total Revenue: Rs. 1,442.65 Crs
- Total Expenses: Rs. 1,708.53 Crs
- Profit/(Loss) for the period: (Rs. 200.55 Crs)
Consolidated Performance Highlights (Q3 ended December 31, 2025)
On a Consolidated basis, the Total Revenue for the quarter ending December 31, 2025, was Rs. 457.42 Crs, against Total Expenses of Rs. 578.90 Crs. This led to a Profit/(Loss) before tax of (Rs. 50.24 Crs). The resulting Profit/(Loss) for the period stood at a loss of (Rs. 52.87 Crs).
Nine Months Ended December 31, 2025 (Consolidated)
- Total Revenue: Rs. 1,440.54 Crs
- Total Expenses: Rs. 1,727.25 Crs
- Profit/(Loss) for the period: (Rs. 81.40 Crs)
Key Balance Sheet and Operational Updates
The presentation summarizing the focus on strengthening the balance sheet indicates significant improvements in operational efficiency metrics between Q4 FY2025 and Q3 FY2026. Net Debt decreased from Rs 367 Cr in Q4’25 to Rs 283 Cr in Q3’26, representing a reduction of approximately ~Rs 111 Cr. Similarly, Net Inventory saw a substantial reduction, falling from Rs 698 Cr to Rs 434 Cr, marking a reduction of approximately ~Rs 157 Cr.
Exceptional Items Detail
The results include an Exceptional Item Income of Rs. 67.57 Crs on a standalone basis for the quarter, primarily attributable to the Gain towards sale of non-core assets (Note 6). This gain also significantly impacted the nine-month results, contributing Rs. 71.24 Crs on a consolidated basis.
Auditor’s Review Conclusion
Price Waterhouse Chartered Accountants LLP issued a Review Report dated February 14, 2026. Based on their review of the standalone results, they concluded that nothing came to their attention suggesting the statement was not prepared in all material respects according to Indian Accounting Standards and disclosure requirements.
Source: BSE
