Uravi Defence and Technology Revises Q1 FY2026 Results, Reports Lower Profits
Uravi Defence and Technology Limited has submitted revised Q1 FY2026 financial results due to an error in the previous filing. The company reported declines in both standalone and consolidated performance. Standalone income from operations decreased by 8.23% to Rs. 836.00 lakhs, while net profit fell by 42.28% to Rs. 37.06 lakhs compared to Q4 FY2025. Consolidated income dropped 12.07% to Rs. 1,002.17 lakhs, with net profit after tax declining 42.82% to Rs. 52.82 lakhs. The company operates in automotive and defence segments, contributing Rs. 909.77 lakhs and Rs. 92.40 lakhs respectively to consolidated revenue. During the quarter, 1,00,000 share warrants were converted into equity shares at Rs. 330 per share.
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Uravi Defence and Technology Limited , formerly known as Uravi T and Wedge Lamps Limited, has submitted revised financial results for the first quarter of the fiscal year 2026 due to an inadvertent error in the previously filed unaudited financial results. The company has requested stakeholders to disregard the earlier submission.
Standalone Performance
The revised standalone results show a decline in both revenue and profitability compared to the previous quarter:
| Particulars (Rs. in lakhs) | Q1 FY2026 | Q4 FY2025 | Change (%) |
|---|---|---|---|
| Income from Operations | 836.00 | 910.98 | -8.23% |
| Net Profit | 37.06 | 64.21 | -42.28% |
Consolidated Performance
On a consolidated basis, the company also reported lower figures:
| Particulars (Rs. in lakhs) | Q1 FY2026 | Q4 FY2025 | Change (%) |
|---|---|---|---|
| Income from Operations | 1,002.17 | 1,139.69 | -12.07% |
| Net Profit After Tax | 52.82 | 92.37 | -42.82% |
Segment-wise Performance
Uravi Defence and Technology operates in two segments:
- Automotive Segment: Contributed Rs. 909.77 lakhs to consolidated revenue
- Defence Segment: Contributed Rs. 92.40 lakhs to consolidated revenue
Share Warrant Conversion
During the quarter, the company converted 1,00,000 share warrants into equity shares at an average price of Rs. 330 per share. This follows the conversion of 2,60,000 warrants in the previous fiscal year, out of a total of 15,00,000 warrants issued.
Management Commentary
Kaushik Damji Gada, Whole-time Director & CFO, signed off on the revised financial results. The company's board meeting to approve these results was held on August 12, 2025, commencing at 4:18 P.M. and concluding at 4:45 P.M.
Auditor's Review
GBCA & Associates LLP, the company's statutory auditors, conducted a limited review of the financial results for the quarter ended June 30, 2025. They reported that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.
Investors and stakeholders are advised to refer to these revised results for an accurate representation of Uravi Defence and Technology Limited's financial performance for the first quarter of FY2026.
Historical Stock Returns for Uravi Defence and Technology
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.60% | +3.09% | -23.82% | +6.67% | -23.13% | +35.63% |
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