Valiant Communications Reports Strong Q3FY26 Results with 165% Revenue Growth
Valiant Communications delivered outstanding Q3FY26 financial performance with consolidated revenue surging 165% to ₹2,214.22 lacs and achieving a significant profit turnaround of ₹604.83 lacs compared to a loss in the previous year. The company strengthened its leadership team with two new board appointments and demonstrated consistent growth across geographic segments.

*this image is generated using AI for illustrative purposes only.
Valiant Communications Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating exceptional growth across key financial metrics. The telecommunications equipment manufacturer reported a remarkable turnaround in profitability while significantly expanding its revenue base.
Financial Performance Overview
The company's consolidated financial results showed impressive year-on-year growth, with revenue from operations reaching ₹2,214.22 lacs in Q3FY26, representing a substantial 165.00% increase from ₹835.69 lacs in Q3FY25. Total income, including other income of ₹124.56 lacs, stood at ₹2,338.78 lacs compared to ₹835.29 lacs in the previous year.
| Financial Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹2,214.22 lacs | ₹835.69 lacs | +165.00% |
| Total Income | ₹2,338.78 lacs | ₹835.29 lacs | +180.00% |
| Net Profit | ₹604.83 lacs | (₹53.26 lacs) | Positive turnaround |
| Basic EPS | ₹5.29 | (₹0.47) | Positive turnaround |
Profitability Transformation
The company achieved a significant turnaround in profitability, reporting a consolidated net profit of ₹604.83 lacs in Q3FY26 compared to a loss of ₹53.26 lacs in Q3FY25. Profit before tax stood at ₹819.03 lacs against a loss of ₹60.20 lacs in the corresponding quarter last year. The standalone results were equally impressive, with net profit reaching ₹554.29 lacs compared to a loss of ₹1.42 lacs in Q3FY25.
Operational Efficiency
Total expenses increased to ₹1,519.75 lacs from ₹895.49 lacs, primarily driven by higher cost of raw materials consumed at ₹812.73 lacs (up from ₹429.91 lacs) and increased employee benefits expenses of ₹292.63 lacs (compared to ₹246.50 lacs). Despite higher costs, the company maintained strong operational leverage, with profit margins improving significantly.
Geographic Revenue Distribution
The company's revenue diversification across geographic segments showed strong performance across all regions:
| Region | Q3FY26 Revenue | Q3FY25 Revenue | Growth (%) |
|---|---|---|---|
| India | ₹1,983.38 lacs | ₹637.93 lacs | +210.89% |
| USA | ₹36.41 lacs | ₹84.23 lacs | -56.77% |
| Europe | ₹97.47 lacs | ₹48.80 lacs | +99.73% |
| Rest of World | ₹114.32 lacs | ₹83.69 lacs | +36.59% |
Board Appointments and Corporate Developments
The Board of Directors approved two key appointments effective February 3, 2026. Mr. Garv Mohan Sood was appointed as Additional Director (Whole-time Executive) for a three-year term, subject to shareholder approval. Mr. Sood, a Computer Science graduate from the University of Toronto with expertise in software development, is from the promoter group and related to other executive directors.
Additionally, Mr. Aditya Pratap Singh was appointed as Additional Director (Independent Non-Executive) for a five-year term. Mr. Singh is a qualified Chartered Accountant with experience at Ernst & Young and PricewaterhouseCoopers, specializing in financial analysis and strategic consulting.
Capital Structure and Equity Developments
The company's paid-up equity share capital increased to ₹1,144.21 lacs from ₹762.81 lacs, reflecting the allotment of 38,14,030 bonus equity shares in a 1:2 ratio. The Board had also approved the issuance of 6,00,000 warrants convertible into equity shares at ₹768 per warrant, with the company receiving ₹1,152 lacs as 25% of the total consideration during the quarter.
Year-to-Date Performance
For the nine months ended December 31, 2025, consolidated revenue from operations reached ₹6,062.89 lacs compared to ₹3,473.49 lacs in the corresponding period last year, representing a 74.56% increase. Net profit for the nine-month period stood at ₹1,603.99 lacs against ₹538.81 lacs in the previous year, demonstrating consistent growth momentum throughout the fiscal year.
Historical Stock Returns for Valiant Communications
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +7.33% | +2.10% | +42.43% | +144.07% | +1,697.32% |





























