Vindhya Telelinks Limited reported a net profit of ₹52.79 crore for the financial year ended March 31, 2026, a decline of 54.3% from ₹115.48 crore in the previous year. Revenue from operations for the year stood at ₹3,566.29 crore, down from ₹4,053.83 crore in FY25. For the quarter ended March 31, 2026, the company posted a net profit of ₹19.85 crore on revenue of ₹1,005.02 crore.

Financial Performance

The board approved the audited financial results, noting that the Cable segment demonstrated steady growth driven by demand for solar and specialty optical fibre cable solutions. However, the EPC segment faced temporary revenue declines due to deferred fund disbursements under government infrastructure programs, which impacted working capital and finance costs. Finance costs for the year increased to ₹148.19 crore from ₹101.78 crore in the prior year.

Q4 Operating Performance

On a quarterly basis, Vindhya Telelinks reported an EBITDA of ₹706 million compared to ₹880 million in the same period of the previous year. The EBITDA margin for the quarter stood at 7.03%, compared to 7.15% in the corresponding quarter of the prior year.

Board Decisions

The board recommended a dividend of ₹6.00 per share (60%) for the financial year 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. Additionally, the board approved raising funds aggregating up to ₹200 crore through the issuance of Non-Convertible Debentures (NCDs) or other debt securities on a private placement basis.

Strategic Developments

The company approved a plan to augment production capacity for Speciality Optical Fibre Cables at its Rewa facility. This expansion involves an additional capital investment of ₹65.00 crore, increasing the total project outlay to ₹101.70 crore. The augmentation aims to meet rising demand from hyperscale and cloud data centres. The board also approved the re-appointment of Shri Priya Shankar Dasgupta and the appointment of Shri Pandanda Kariappa Madappa as Independent Directors.

Vindhya Telelinks has disclosed, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that it received an order from the Additional Commissioner (ST) (FAC) of GST Appellate Authority, Vijayawada, Andhra Pradesh, on May 14, 2026, at 1.47 P.M. (IST). The Appellate Authority partially allowed the company's appeal and passed an order confirming a GST demand pertaining to Financial Year 2019-20 under the provisions of Section 73 of the Central Goods and Services Tax Act, 2017 / Andhra Pradesh Goods and Services Tax Act, 2017 read with the Integrated Goods and Services Act, 2017.

Key Details of the GST Appellate Order

The order represents a significant reduction from the original GST demand of Rs. 3,62,10,088/-, with the Appellate Authority confirming a substantially lower demand of Rs. 4,996/-. The following table summarises the financial components of the confirmed demand:

Nature of Alleged Contravention

The order pertains to the alleged excess availment of Input Tax Credit (ITC) amounting to Rs. 4,996/- for FY 2019-20 in GSTR-3B, as against the ITC reflecting in GSTR-2A. The Appellate Authority, after partially allowing the appeal, confirmed the demand only to the extent of this excess ITC availment, along with applicable interest and penalty.

Financial Impact

Vindhya Telelinks has stated that the financial impact of the order is limited to Rs. 30,406/- only, as per the final demand order passed by the Appellate Authority. This represents a substantial reduction from the original demand of Rs. 3,62,10,088/-, indicating that the appeal was largely successful in reducing the company's GST liability for the relevant period. The disclosure was made by Dinesh Kapoor, Company Secretary and Compliance Officer, and the information has also been uploaded on the company's website at www.vtrlrewa.com .