Vruddhi Engineering Works Limited reported a 106.3% increase in net profit to ₹307.77 crore for the year ended March 31, 2026, driven by a 35.2% rise in revenue from operations to ₹4,300.37 crore. The board approved the audited standalone financial results for the half-year and full year on May 28, 2026. M/s. Maheshwari & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the standalone financial results.

Revenue from operations for the half-year ended March 31, 2026, stood at ₹2,959.90 crore, compared to ₹1,797.28 crore in the corresponding period of the previous year. Profit for the half-year increased to ₹201.50 crore from ₹109.98 crore. The company's total equity rose to ₹1,153.33 crore as of March 31, 2026, from ₹845.56 crore a year earlier, while reserves and surplus grew to ₹900.97 crore.

Financial Performance for FY26

The company utilized ₹465.88 lakh of the ₹476 lakh proceeds from its fresh issue, with ₹10.12 lakh kept in an escrow account with Yes Bank. The board meeting commenced at 6:30 P.M. and concluded at 7:10 P.M. on May 28, 2026. The financial results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Vriddhi Engineering Works Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The regulatory filing demonstrates the company's adherence to depositories and participants regulations mandated by the Securities and Exchange Board of India.

Compliance Certificate Details

The certificate was formally submitted to BSE Limited on April 14, 2026, by Whole-time Director Varsha Mukesh Mehta (DIN 09155275). The submission confirms that Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 is not applicable to the company during the reporting quarter.

Share Dematerialization Status

Bigshare Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on April 9, 2026. The registrar confirmed that the entire shareholding of Vriddhi Engineering Works Limited remains in dematerialized form, with no physical share certificates outstanding.

Key highlights from the registrar's confirmation include:

• Complete digitization of all company shares
• Zero rematerialisation requests received during Q4FY26
• Full compliance with electronic holding requirements
• No physical share certificate processing required

Regulatory Framework

SEBI Regulation 74(5) under the Depositories and Participants Regulations 2018 requires companies to file quarterly certificates regarding share dematerialization status. The regulation aims to ensure transparency in share holding patterns and monitor the transition from physical to electronic form of securities.

Company Information

Vriddhi Engineering Works Limited, formerly known as Vriddhi Steel Limited, operates from its registered office in Mumbai. The company maintains its corporate presence at Hubtown Solaris, Andheri East, and trades under scrip code 544157 on BSE Limited. The filing reinforces the company's commitment to regulatory compliance and modern share holding practices.