Vedavaag Systems Reports Q3FY26 Financial Results Following Board Meeting

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Key Highlights

Vedavaag Systems Limited reported Q3FY26 financial results with mixed performance, showing revenue and profit declines in quarterly figures while maintaining growth in nine-month consolidated revenue. The company's board meeting on February 13, 2026 approved the results and addressed regulatory compliance matters including warrant proceeds utilization.

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Vedavaag Systems Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a board meeting held on February 13, 2026. The Hyderabad-based technology company operates primarily in IT & ITES services and System Integration segments.

Board Meeting and Regulatory Compliance

The board meeting commenced at 4:00 PM and concluded at 5:20 PM on February 13, 2026. The directors considered and approved the unaudited standalone and consolidated financial results, along with noting the Limited Review Reports issued by M/s Pary & Co., Chartered Accountants. The company also addressed the statement of deviations in the use of proceeds from the preferential issue of convertible warrants under Regulation 32 of SEBI regulations.

Meeting Details Information
Meeting Date February 13, 2026
Duration 4:00 PM to 5:20 PM
Statutory Auditors M/s Pary & Co., Chartered Accountants
Scrip Code 533056
ISIN INE359B01010

Standalone Financial Performance

The company's standalone operations showed the following performance for the quarter ended December 31, 2025:

Metric Q3FY26 Q3FY25 Change (%)
Revenue ₹1,742.27 lakhs ₹1,921.56 lakhs -9.33%
Net Profit ₹101.88 lakhs ₹201.42 lakhs -49.41%
Basic EPS ₹0.43 ₹0.88 -51.14%

For the nine-month period ended December 31, 2025, standalone revenue was ₹6,202.94 lakhs compared to ₹5,498.08 lakhs in the corresponding previous period, representing a growth of 12.83%. Net profit for the nine-month period stood at ₹373.82 lakhs versus ₹570.45 lakhs in the previous year.

Consolidated Financial Results

The consolidated performance demonstrated stronger numbers across key metrics:

Metric Q3FY26 Q3FY25 Change (%)
Revenue ₹2,642.42 lakhs ₹2,948.64 lakhs -10.38%
Net Profit ₹162.34 lakhs ₹315.36 lakhs -48.52%
Basic EPS ₹0.69 ₹1.38 -50.00%

For the nine-month consolidated period, revenue reached ₹7,915.55 lakhs compared to ₹7,681.80 lakhs in the previous year, showing growth of 3.04%. Consolidated net profit for nine months was ₹499.78 lakhs against ₹792.20 lakhs in the corresponding previous period.

Segment-wise Performance

The company's operations are divided into two main segments:

Segment Q3FY26 Revenue 9M FY26 Revenue
IT and ITES ₹2,668.71 lakhs ₹7,121.44 lakhs
System Integration ₹(26.29) lakhs ₹794.11 lakhs

The IT and ITES segment continues to be the primary revenue driver, while the System Integration segment showed negative revenue in Q3FY26 but contributed positively over the nine-month period.

Financial Position and Warrant Utilization

As of December 31, 2025, the company maintained a paid-up equity share capital of ₹2,346.42 lakhs with a face value of ₹10 per share. Total reserves on a standalone basis stood at ₹11,559.79 lakhs, while consolidated reserves were ₹12,957.45 lakhs.

Regarding the utilization of proceeds from convertible warrants, the company utilized ₹2,25,000 towards working capital purposes during the quarter ended December 31, 2025. An amount of ₹23,381.40 remains unutilized from the proceeds of the preferential issue of convertible warrants, which will be utilized in accordance with the stated objects of the issue.

Historical Stock Returns for Vedavaag Systems

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