Virat Crane Industries Ltd

Virat Crane Industries Q2 FY 2025-26 Update: New Plant Strains Finances, Breakeven Expected Soon 🏭

- New Adaw Neckkalam plant started operations in early 2025, currently causing financial strain.

- Management expects the plant to reach breakeven by Q3 FY 2025-26.

- Q2 FY 2025-26 revenue from operations: Rs. 3,816.55 lakhs; total income: Rs. 3,816.79 lakhs.

- Net loss for Q2 FY 2025-26: Rs. 367.75 lakhs; H1 FY 2025-26: Rs. 479.86 lakhs.

- Cash and cash equivalents as of 30-09-2025: Rs. 70.36 lakhs (down from Rs. 81.99 lakhs at year start).

- Total assets as of 30-09-2025: Rs. 9,648.49 lakhs; total equity: Rs. 6,374.25 lakhs.

- Paid-up equity share capital: Rs. 2,042.38 lakhs (face value: Rs. 10 per share).

- No defaults on loans or debt securities as of 30-09-2025.