Virat Crane Industries Reports Loss of Rs 479.86 Lakhs in Q2 FY2026

Virat Crane Industries Limited posted a net loss of Rs 479.86 lakhs for the second quarter ended September 30, 2025, compared to a loss of Rs 428.90 lakhs in the previous period. The company's board approved the unaudited financial results during a meeting held on November 14, 2025, with total assets standing at Rs 9,648.49 lakhs as of September 30, 2025.

Virat Crane Industries Reappoints Director and Names New Secretarial Auditors

Virat Crane Industries Limited shareholders approved the reappointment of Sri. Venkata Srihari P. as Director and CFO at their 33rd Annual General Meeting held on September 30, 2025. Srihari, who holds DIN 03452957 and owns 1,211 shares, was reappointed under retire by rotation provisions. He is a commerce graduate with expertise in finance and investment, and will receive sitting fees as determined by the Nomination and Remuneration committee. Additionally, shareholders appointed M/s. K. Srinivasa Rao & Nagaraju Associates as Secretarial Auditors for a five-year term from FY 2025-26 to 2029-30. The firm holds Peer Review Certificate No. 2597/2022 and has over 26 years of experience in company secretarial practice.

Virat Crane Industries Reports Loss of Rs 107.91 Lakhs in Q1 FY2025-26

Virat Crane Industries Limited reported a net loss of Rs 107.91 lakhs for the quarter ended June 30, 2025, compared to a profit of Rs 294.69 lakhs in the same quarter last year. Revenue from operations increased to Rs 4,049.86 lakhs from Rs 3,098.18 lakhs year-over-year. Total expenses rose to Rs 4,162.20 lakhs, with cost of materials consumed being the largest component at Rs 3,549.35 lakhs. The company operates solely in the dairy products segment. Earnings per share declined to negative Rs 0.53 from positive Rs 1.08 in the previous year quarter. The company's Adavinekkalam plant commenced commercial operations after trial runs in December 2024 and January 2025, leading to increased operational expenses and depreciation. Management expects the plant to achieve breakeven during Q3 of FY 2025-26. The company reported no defaults on loans and debt securities.