Virat Crane Industries Limited has announced its un-audited financial results for the first quarter ended June 30, 2026. The company reported a net loss of ₹97.01 Lakhs for the period, compared to a loss of ₹107.91 Lakhs in the corresponding quarter of the previous year. Revenue from operations stood at ₹4,467.64 Lakhs.
Virat Crane Industries Reports Q1 FY27 Financial Results
Virat Crane Industries Limited has disclosed its un-audited financial results for the quarter that concluded on June 30, 2026. The company’s Board of Directors reviewed and approved these results, which indicate a net loss for the period.
Financial Performance (Q1 FY27)
The company recorded revenue from operations amounting to ₹4,467.64 Lakhs for the first quarter of the financial year 2026-27. Total income, including other income of ₹0.37 Lakhs, stood at ₹4,468.01 Lakhs. Total expenses for the quarter were ₹4,565.02 Lakhs.
Profit before exceptional items and tax for the quarter was ₹(97.01) Lakhs. After accounting for a deferred tax of ₹34.04 Lakhs in the previous year, the net loss for the period ended June 30, 2026, was ₹97.01 Lakhs. This compares to a net loss of ₹771.19 Lakhs for the year ended March 31, 2026.
Comparative Figures
For the quarter ended June 30, 2026, earnings per equity share (basic and diluted) after exceptional items were ₹(0.47).
Operational Update
The management noted that the Adavinekkalam plant underwent its trial run, leading to increased operational expenses and depreciation. The company anticipates achieving operational breakeven during Q3 of FY 2026-27, driven by anticipated improvements in capacity utilization, production efficiency, and cost management.
Source: BSE
