Vishnusurya Projects and Infra Limited has reported its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, approved by the Board of Directors on April 24, 2026. The results represent the company's first quarterly financial filing under the Main Board compliance regime following its transition to Indian Accounting Standards (Ind AS) effective April 1, 2024. M/s Madhu Balan & Associates, Chartered Accountants, conducted the limited review and issued an unqualified opinion on the financial results.

Financial Performance Summary

The standalone revenue from operations for Q3FY26 stood at ₹5,620.66 lakhs, compared to ₹11,864.95 lakhs in the preceding quarter and ₹3,779.72 lakhs in the corresponding period of the previous year. For the nine months ended December 31, 2025, standalone revenue reached ₹22,434.38 lakhs. The company reported a standalone net profit of ₹536.22 lakhs for the quarter, with basic earnings per share of ₹2.18. Total comprehensive income for the quarter was ₹536.86 lakhs.

Segment-wise Performance

The company operates across four business segments: Construction & Allied Activities, Mining & Quarrying, Waste Management, and Others. For Q3FY26, Mining & Quarrying contributed the highest segment revenue at ₹3,645.41 lakhs, followed by Construction & Allied Activities at ₹1,305.68 lakhs. Waste Management reported revenue of ₹505.24 lakhs during the quarter. The segment profit before tax and interest was strongest in Mining & Quarrying at ₹383.12 lakhs, with Construction & Allied Activities contributing ₹226.60 lakhs.

NSE Fine and Compliance Matter

Separately, the company communicated to the National Stock Exchange of India that it has paid a fine of ₹2,65,500 for non-compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended December 31, 2025. The NSE had issued two notices - Reference No. NSE/LIST-SOP/COMB/FINES/0300 dated March 17, 2026 and Reference No. NSE/LIST/C/2026/0398 dated April 02, 2026 - regarding delayed compliance with quarterly results filing requirements.

The Board of Directors, at its meeting on April 24, 2026, acknowledged the matter and clarified that the non-compliance was not wilful. The Board advised the company to ensure compliance with all applicable requirements going forward. The company has undertaken necessary steps to strengthen internal processes and compliance calendar to avoid such inadvertent delays in the future.

Ind AS Transition Notes

The financial results have been prepared in accordance with Ind AS 34, Interim Financial Reporting, for the first time. Comparative financial information for previous periods has been adjusted or restated to reflect the transition from Previous GAAP to Ind AS. The company has availed certain optional exemptions under Ind AS 101, including continuation of previous GAAP carrying values as deemed cost for selected classes of Property, Plant and Equipment, intangible assets, and investments. The reconciliation of net profit between Previous GAAP and Ind AS shows adjustments for lease effects, remeasurement of financial assets and liabilities, and actuarial gains or losses on defined benefit plans.

Vishnusurya Projects , a small and medium enterprise (SME) in the construction sector, has made headlines by securing a significant contract worth ₹103.00 crore. This development marks a notable achievement for the company, potentially signaling growth and expansion in its operations.

Contract Details

The newly acquired contract, valued at ₹103.00 crore, represents a substantial business opportunity for Vishnusurya Projects. While specific details about the nature of the contract or the client have not been disclosed, the size of the deal suggests it could be a major project that may significantly impact the company's future revenue and market position.

Company Overview

Vishnusurya Projects, currently valued with a market capitalization of ₹400.00 crore, operates in the SME sector. This recent contract win is particularly noteworthy given the company's market size, as it represents approximately 25.75% of its current market capitalization.

Implications for the SME Sector

This development is not just significant for Vishnusurya Projects but also highlights the potential within India's SME sector. It demonstrates that smaller enterprises are capable of securing substantial contracts, competing effectively in the market, and contributing significantly to the economy.

Market Response

While immediate market response details are not available, such a significant contract win often has the potential to positively influence investor sentiment. Shareholders and market analysts may be keenly watching how this new contract affects the company's financial performance and growth trajectory in the coming quarters.

Looking Ahead

As Vishnusurya Projects embarks on this new project, stakeholders will likely be interested in how the company manages and executes this substantial contract. The successful completion of this project could potentially open doors to more significant opportunities in the future, further solidifying the company's position in the construction sector.

This contract win by Vishnusurya Projects not only represents a milestone for the company but also serves as an encouraging sign for other SMEs in India's dynamic and growing business landscape.