ALPHA TRIBE

Virat Crane Industries LtdBoard Meeting, 07-08-2025: Board Meeting

07-08-2025 | 05:51 pm

Virat Crane Industries has reported its Q1 FY2025-26 financial results. Revenue from operations increased to 40.50 Cr from 30.98 Cr in the same period last year. However, the company posted a net loss of 1.08 Cr, compared to a profit of 2.21 Cr previously. This loss is primarily due to increased operational expenses and depreciation from the Adavinekkalam plant, which commenced commercial operations earlier this year. Management anticipates the plant will achieve breakeven by Q3 FY2025-26 as operations optimize. The company operates solely in Dairy Products and has no outstanding loan defaults.

No comments yet. Be the first to comment!

All announcements from Virat Crane Industries Ltd