Veto Switchgears and Cables Limited reported a net profit of ₹238.32 crore for the financial year ended March 31, 2026, compared to ₹215.24 crore in the previous year. Total income for the year rose to ₹2,465.38 crore from ₹2,160.42 crore in FY25. The board recommended a final dividend of ₹1 per share, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance

For the quarter ended March 31, 2026, the company posted a standalone net profit of ₹80.01 crore, compared to ₹79.47 crore in the corresponding quarter of the previous year. Total income for the quarter increased to ₹747.93 crore from ₹671.91 crore. On a consolidated basis, net profit for the year stood at ₹245.84 crore, while total income reached ₹3,867.15 crore.

Board Decisions

The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the board re-appointed M/s Rajesh & Company as Cost Auditor and Mr. Kunal Sanghi as Internal Auditor for FY26-27, based on the Audit Committee's recommendation.

Auditor's Report

Statutory auditors M/s SGCO & Co. LLP issued an unmodified opinion on the audited financial results. The report confirmed compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

Veto Switchgears And Cables Ltd has filed its quarterly compliance certificate with the stock exchanges for the quarter ended 31st March 2026. The submission fulfills regulatory requirements under SEBI (Depositories and Participants) Regulations 2018.

Regulatory Compliance Filing

The company submitted the certificate to both BSE Limited and National Stock Exchange of India Ltd on 7th April 2026. The filing was made under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018, which mandates quarterly reporting by listed companies.

Dematerialisation Status Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, confirmed that no dematerialisation requests for equity shares were received during the reporting period. The confirmation covers the period from 1st January 2026 to 31st March 2026.

The certificate was issued by Bigshare Services on 6th April 2026 and subsequently forwarded to the stock exchanges by the company. This confirmation ensures compliance with SEBI circular NSDL/CIR/II/5/2019 dated 25th January 2019.

Company Secretary Certification

Kritika Todwal, Company Secretary and Compliance Officer (Membership No. A60917), digitally signed and submitted the compliance certificate. The digital signature was applied on 7th April 2026 at 13:10:10 +05'30, ensuring the authenticity and timeliness of the regulatory filing.

The submission demonstrates the company's adherence to regulatory compliance requirements and maintains transparency with stakeholders regarding share dematerialisation activities during the quarter.