Virat Crane Industries Ltd (519457)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Virat Crane's revenue was ₹44.7 Cr (+10.3% year on year, -11.5% on the previous quarter), and net profit ₹-1.0 Cr (a smaller loss than a year earlier); the operating margin was -0.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹44.7 | +10.3% | -11.5% |
| Operating profit | ₹-0.1 | loss narrowed | to loss |
| Net profit | ₹-1.0 | loss narrowed | loss widened |
| EPS (₹) | -0.47 | loss narrowed | loss widened |
| Operating margin | -0.3% | — | — |
📢 Recent Corporate Announcements
Virat Crane Industries announced that shareholders at the 34th Annual General Meeting on September 30, 2026, approved the re-appointment of Sri Gopala Krishna Murthy Javvaji (DIN: 00930747) as a Director retiring by rotation. The resolution was passed as an Ordinary Resolution. The director holds nil shares in the company and received nil remuneration for FY2025-26, drawing only sitting fees. This is a routine governance procedure with no operational disruption.
- Shareholders approved the re-appointment at the 34th Annual General Meeting held on 30-09-2026.
- Sri Gopala Krishna Murthy Javvaji (DIN: 00930747) re-appointed as Director retiring by rotation.
- Director holds Nil shares and received Nil remuneration in FY2025-26, entitled only to sitting fees.
- Brings over 40 years of marketing experience according to the profile disclosure.
Virat Crane Industries Limited announced the voting results of its 34th Annual General Meeting held on September 30, 2026. Shareholders approved the standalone audited financial statements for the year ended March 31, 2026, with 99.9999% votes in favor. Additionally, the reappointment of Sri Gopala Krishna Murthy Javvaji as Director retiring by rotation was passed with 99.70% approval. Overall voter turnout stood at 61.47% across 12,555,122 polled shares out of 20,423,750 total shares.
- Adoption of FY26 audited standalone financial statements passed with 99.9999% votes in favor
- Reappointment of Director Gopala Krishna Murthy Javvaji approved with 99.70% votes in favor
- Total voter participation reached 61.47% (12,555,122 votes polled out of 20,423,750 shares)
- Promoter group polled 12,265,691 votes (80.61% of promoter holding), all 100% in favor
- Meeting attended by 93 shareholders via video conferencing (2 promoter, 91 public)
Virat Crane Industries Ltd has resubmitted its 34th Annual Report for FY 2025-26 along with the AGM notice. The resubmission was necessitated by typographical errors in subheadings within the financial statements and agenda items, with the company confirming no change in reported financial figures. The annual disclosure reflects FY26 revenue of Rs 17,748.85 lakhs and a net loss after tax of Rs 771.19 lakhs. The company's 34th AGM is scheduled for September 30, 2026 via video conferencing.
- Resubmission of 34th Annual Report (FY 2025-26) solely to fix typographical subheadings; no change in core numbers.
- FY26 Revenue from operations stood at Rs 17,748.85 lakhs compared to Rs 13,919.95 lakhs in FY25.
- FY26 Net Loss after tax reported at Rs -771.19 lakhs compared to a net profit of Rs 466.59 lakhs in FY25.
- Debt-to-equity ratio rose to 0.66 in FY26 from 0.30 in FY25, with total debt increasing to Rs 4,048.43 lakhs.
Virat Crane Industries reported a 10.3% YoY increase in revenue to ₹44.68 Cr for Q1 FY27, up from ₹40.50 Cr. Despite the growth, the company remains loss-making with a net loss of ₹0.97 Cr, primarily due to high operational and depreciation costs from its new Adawinekkalam plant. Management has explicitly guided for an operational breakeven by Q3 FY 2026-27 as capacity utilization improves. The company maintains a strong promoter holding of 74.5%, providing some stability during this transition phase.
- Revenue from operations increased by 10.3% YoY to ₹44.68 Cr.
- Net loss narrowed to ₹0.97 Cr compared to a loss of ₹1.08 Cr in the same quarter last year.
- Other expenses surged to ₹6.85 Cr from ₹3.96 Cr YoY, reflecting higher operational costs of the new plant.
- Management expects the Adawinekkalam plant to achieve operational breakeven in Q3 FY 2026-27.
- Finance costs remained relatively stable at ₹0.37 Cr for the quarter.
Virat Crane Industries reported a 10.3% YoY increase in revenue to 44.68 Cr for Q1 FY27. The company remains loss-making with a net loss of 0.97 Cr, though this is a slight improvement from the 1.08 Cr loss in the same period last year. Management attributed the continued losses to high operational expenses and depreciation from the new Adawinekkalam plant, which commenced operations in early 2025. Crucially, the company has guided for an operational breakeven for this plant by Q3 FY 2026-27.
- Revenue from operations increased to 44.68 Cr in Q1 FY27 from 40.50 Cr in Q1 FY26.
- Net loss for the quarter stood at 0.97 Cr, compared to a loss of 1.08 Cr YoY.
- Depreciation and amortization expenses rose to 0.46 Cr from 0.42 Cr YoY due to the new plant.
- Management expects the Adawinekkalam plant to achieve operational breakeven in Q3 FY 2026-27.
- Total expenses for the quarter were 45.65 Cr, exceeding total income of 44.68 Cr.
Virat Crane Industries has scheduled a board meeting for August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for the small-cap dairy products company, which has a market capitalization of Rs 80 Cr. The company reported a TTM revenue of Rs 36 Cr and a PAT of Rs 3 Cr. The trading window for designated persons is closed until 48 hours after the results are declared.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
- Financial results cover the three-month period ended June 30, 2026
- Trading window for insiders closed until 48 hours post-announcement on August 13
- Company maintains a high promoter holding of 74.5% as of June 2026
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