Virat Crane Industries Ltd
Virat Crane Industries Q3 FY25-26 Results: New Plant Drives Losses, Breakeven Expected Soon šš
ā¢ New Adavinekkalam dairy plant began commercial operations in January 2025 after a trial run.
ā¢ Q3 FY25-26 total income: ā¹4,836.72 lakhs; net loss: ā¹165.84 lakhs; expenses: ā¹5,002.56 lakhs.
ā¢ 9-month FY25-26 total income: ā¹12,702.88 lakhs; net loss: ā¹645.87 lakhs; expenses: ā¹13,349.47 lakhs.
ā¢ Losses attributed to increased operational expenses and depreciation from the new plant.
ā¢ Management anticipates the plant will achieve breakeven in Q4 FY 2025-26.
ā¢ The company operates solely in the dairy products segment.