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.

Standalone Financial Performance

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

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:

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:

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.

Vedavaag Systems Limited has announced securing a substantial order worth approximately ₹5 crores from ITI Limited, marking a significant business development for the company. The order pertains to the supply and installation of CCTV surveillance systems at a premium government organization.

Order Details and Specifications

The contract encompasses comprehensive CCTV surveillance system implementation, representing a domestic engagement with ITI Limited as the awarding entity. The project timeline is set for completion within 6 months from the order date.

Payment Terms and Financial Structure

The order features structured payment terms designed to ensure smooth project execution and financial security for both parties. The payment mechanism includes multiple stages with specific conditions.

Regulatory Compliance

Vedavaag Systems has disclosed this order in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any related party transactions and that promoters or group companies have no interest in the awarding entity.

Company Background

Vedavaag Systems Limited operates in the IT software sector and is headquartered in Hyderabad, Telangana. The company focuses on digital transformation solutions and has been actively pursuing opportunities in government and enterprise segments.

This order win demonstrates the company's capability in executing large-scale surveillance projects and strengthens its position in the government technology solutions market. The structured payment terms and ESCROW mechanism provide financial security while ensuring project delivery standards.