VMS TMT FY26 net profit rises 36% to ₹210.34 crore
VMS TMT Limited reported a 36.4% rise in FY26 net profit to ₹2,103.36 lakh, driven by higher revenue. Revenue from operations for the year increased 8.9% to ₹83,855.74 lakh.

*this image is generated using AI for illustrative purposes only.
VMS TMT Limited reported a 36.4% increase in net profit for the financial year ended March 31, 2026, reaching ₹2,103.36 lakh, driven by higher revenue from operations. The company's revenue from operations for FY26 stood at ₹83,855.74 lakh, an increase of 8.9% compared to ₹77,019.10 lakh in the previous year. Total income for the year rose to ₹84,019.95 lakh from ₹77,140.76 lakh in FY25. The audited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 29, 2026. The company published these results in newspapers, including the Indian Express and Financial Express, on May 30, 2026, pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
For the quarter ended March 31, 2026, the company recorded a net profit of ₹228.99 lakh, a decline from ₹371.11 lakh in the same period last year. Revenue from operations for Q4FY26 increased to ₹24,135.49 lakh from ₹21,603.19 lakh in Q4FY25.
Auditor Appointments
The board approved the re-appointment of the Secretarial Auditor for the financial year 2025-26 to 2029-30. Additionally, the board appointed the Internal Auditor and the Cost Auditor for the financial year 2025-26. M/s. Suresh Chandra & Associates, Chartered Accountants, the statutory auditor, provided an unmodified opinion on the standalone financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance
The company's total expenses for FY26 increased to ₹81,302.50 lakh from ₹75,132.38 lakh in the previous year. Profit before tax for the year rose to ₹2,717.45 lakh from ₹2,008.38 lakh in FY25. The basic earnings per share (EPS) for FY26 improved to ₹4.95 from ₹4.29 in the previous year. The statement of assets and liabilities as of March 31, 2026, showed total assets at ₹51,941.16 lakh, up from ₹41,206.34 lakh a year ago.
| Metric | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) | Change |
|---|---|---|---|
| Revenue from Operations | 83,855.74 | 77,019.10 | +8.9% |
| Net Profit | 2,103.36 | 1,541.75 | +36.4% |
| Total Income | 84,019.95 | 77,140.76 | +8.9% |
| Total Expenses | 81,302.50 | 75,132.38 | +8.2% |
| Basic EPS | 4.95 | 4.29 | +15.4% |
The company stated that it has no subsidiaries, associates, or joint ventures as of March 31, 2026, and therefore consolidated financial results are not applicable. The business activities fall within a single primary segment, "M.S. TMT Bar".
Historical Stock Returns for VMS TMT
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.64% | +2.74% | +4.09% | -21.78% | -51.01% | -51.01% |
What factors contributed to the decline in Q4 net profit despite the increase in revenue?
How does the company plan to sustain the 36.4% profit growth given the modest 8.9% revenue increase?
Will the company explore diversification beyond its single primary segment, 'M.S. TMT Bar,' in the future?


































