Vedavaag Systems Reports 39.5% Jump in Q1 Consolidated Revenue

2 min read Updated on 14 Aug 2025, 10:01 PM

Reviewed by

Radhika SScanX News Team

AI Summary

Vedavaag Systems Limited announced strong Q1 financial results with consolidated revenue rising 39.5% to Rs 3,110.91 crore. Profit after tax increased 6.1% to Rs 215.49 crore. The IT & ITES segment generated Rs 2,290.51 crore, while the new System Integration segment contributed Rs 820.40 crore. Standalone revenue grew 50.6% to Rs 2,563.75 crore, though standalone PAT decreased 9.4%. The company's total assets stood at Rs 20,655.42 crore as of June 30.

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Vedavaag Systems Limited, a prominent player in the IT and ITES sector, has announced its financial results for the first quarter, showcasing substantial growth in revenue and profitability.

Consolidated Performance Highlights

The company reported a significant increase in its consolidated revenue from operations, which rose to Rs 3,110.91 crore, marking a 39.5% growth compared to Rs 2,229.32 crore in the same quarter of the previous year. This robust performance was driven by strong contributions from both its IT & ITES segment and the newly introduced System Integration segment.

Vedavaag Systems' consolidated profit after tax (PAT) also saw an improvement, reaching Rs 215.49 crore, up by 6.1% from Rs 203.16 crore in the corresponding quarter of the previous year. The company's earnings per share (EPS) on a consolidated basis increased to Rs 0.92, compared to Rs 0.89 in the same period.

Segment-wise Performance

The company operates in two primary segments:

IT & ITES (including Financial Inclusion)
System Integration (Smart Solar Lighting System)

For the quarter, the IT and ITES segment generated revenue of Rs 2,290.51 crore, while the System Integration segment contributed Rs 820.40 crore to the total revenue.

Standalone Results

On a standalone basis, Vedavaag Systems reported:

Metric	Value	Change
Revenue from operations	Rs 2,563.75 crore	up 50.6% YoY
Profit after tax	Rs 161.21 crore	down 9.4% YoY
Basic earnings per share	Rs 0.69	-

Financial Position

As of June 30, Vedavaag Systems' consolidated financial position showed:

Metric	Value
Total assets	Rs 20,655.42 crore
Total liabilities	Rs 5,596.81 crore
Total reserves	Rs 12,712.19 crore

Management Commentary

J. Murali Krishna, Managing Director of Vedavaag Systems Limited, stated, "We are pleased with our strong start to the fiscal year. The significant growth in our consolidated revenue demonstrates the success of our diversified business model and the increasing demand for our IT services and system integration solutions."

Conclusion

Vedavaag Systems Limited's Q1 results reflect a robust performance, particularly in terms of revenue growth. The company's expansion into the System Integration segment appears to be contributing positively to its overall financial health. As the company continues to navigate the dynamic IT and ITES landscape, investors and stakeholders will be keen to observe how Vedavaag Systems maintains this growth momentum in the coming quarters.

The financial results were reviewed by the company's statutory auditors and approved by the Board of Directors at their meeting held on August 14.

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