Virat Crane Industries Limited has announced its un-audited financial results for the second quarter and half year ended September 30, 2026. The company reported a net profit of ₹82.26 lakh for the quarter. This period also saw the company’s Adavinekkalam plant commence commercial operations, contributing to an improved financial performance following initial transition expenses.
Virat Crane Industries Announces Q2 FY27 Financial Results
Virat Crane Industries Limited disclosed its un-audited financial results for the quarter and half year ended September 30, 2026. The company’s Board of Directors approved and took on record these results, which were previously reviewed by the audit committee and statutory auditors. The meeting was held on November 13, 2026.
Financial Highlights for the Quarter Ended September 30, 2026:
- Profit/(loss) before tax: ₹82.26 lakh
- Net profit/(loss) for the period: ₹82.26 lakh
The company also reported financial statements for the half year ended September 30, 2025, indicating a net loss of ₹479.86 lakh for that period. The detailed financial statements reveal a positive shift in performance for the current quarter.
Operational Update and Performance Outlook
The company highlighted the commencement of commercial operations at its Adavinekkalam plant in January 2025. While the initial transition led to increased operational expenses and depreciation in prior quarters, the plant has now achieved profitability earlier than anticipated, by the second quarter of FY 2026-27. Virat Crane Industries anticipates continued positive performance driven by improved efficiencies and cost optimization, expecting to strengthen profitability in upcoming quarters and future financial years.
The unaudited standalone financial results, along with the independent auditors’ limited review report, have been submitted as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE
