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(02/03/2026 08:30)

Vaswani Industries posts Q3 net loss of Rs 7.96 cr

The company reported standalone net loss during the quarter stood at Rs 7.96 crore compared to net profit of Rs 1.77 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 21.35 per cent at Rs 124.19 crore in October-December quarter of this fiscal as against Rs 102.34 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 24.82 per cent to Rs 120.71 crore from Rs 96.71 crore in year ago period.

Other Income dipped by 71.88 per cent at Rs 0.09 crore versus (Dec'24 Rs 0.32 crore).

Operating Profit slipped by 38.08 per cent to Rs 3.48 crore as against Rs 5.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.09 per cent in December quarter.

Interest grew by 108.96 per cent y-o-y to Rs 4.20 crore, while Taxation increased by 577.33 per cent at Rs 5.08 crore (Dec'24 Rs 0.75 crore).
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