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VTM Q1 net profit down 58.04% at Rs 1.93 cr

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The company reported standalone net profit of Rs 1.93 crore for the quarter ended June 30, 2026 as compared to Rs 4.60 crore in the same period last year, registering a year-on-year decline of 58.04 per cent.

Net revenue of the company rose substantially by 36.69 per cent at Rs 98.40 crore in April-June quarter of this fiscal as against Rs 71.99 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 45.64 per cent to Rs 92.57 crore from Rs 63.56 crore in year ago period.

Other Income dipped by 26.44 per cent at Rs 0.64 crore versus (Jun'25 Rs 0.87 crore).

Operating Profit slipped by 30.76 per cent to Rs 5.83 crore as against Rs 8.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.40 per cent in June quarter.

Interest grew by 100.00 per cent y-o-y to Rs 0.80 crore, while Taxation decreased by 56.00 per cent at Rs 0.66 crore (Jun'25 Rs 1.50 crore).