Vishal bearings Limited announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, showing a mixed performance with revenue growth but continued losses. The Board of Directors approved these results during their meeting held on February 12, 2026, at the company's registered office.

Financial Performance Overview

The company reported a net loss of ₹245.33 lacs for Q3 FY26, which represents an improvement compared to the net loss of ₹267.88 lacs recorded in the corresponding quarter of the previous fiscal year. Despite the loss, the company demonstrated revenue growth with net sales increasing by 7.41% year-on-year.

Quarterly Performance Analysis

The company's quarterly performance showed volatility throughout FY26. In Q2 FY26, Vishal Bearings had reported a net profit of ₹177.73 lacs, making Q3's loss particularly notable. The total expenses for Q3 FY26 stood at ₹2,313.26 lacs, resulting in a loss before tax of ₹248.66 lacs.

Nine-Month Performance

For the nine months ended December 31, 2025, the company showed improved performance compared to the previous year. The net loss narrowed significantly to ₹235.04 lacs from ₹314.89 lacs in the corresponding nine-month period of FY25.

Cost Structure and Expenses

The company's major expense components for Q3 FY26 included cost of material consumed at ₹1,323.17 lacs, employee benefit expenses of ₹320.73 lacs, and other expenses totaling ₹268.74 lacs. Finance costs decreased to ₹115.42 lacs from ₹135.17 lacs in Q3 FY25, indicating improved financial management.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company's statutory auditors, Anil Parekh & Co., conducted a limited review of the financial results. The company reported no pending investor complaints as of December 31, 2025, maintaining its clean record in investor relations.

Vishal Bearings Limited operates in the manufacturing and selling of bearing rollers and allied activities, focusing on a single business segment. The company maintains its paid-up equity share capital at ₹1,079.10 lacs with reserves of ₹2,017.57 lacs as of December 31, 2025.

Vishal Bearings Limited, a manufacturer and seller of bearing rollers, has reported its financial results for the first quarter. The company faced challenges during this period, recording a significant net loss and experiencing pressure on its revenue.

Financial Performance

Vishal Bearings reported a net loss of Rs 167.44 crore for the quarter. This marks a substantial decline from the previous quarter when the company posted a net profit of Rs 97.59 crore. The loss also deepened compared to the same quarter last year when the company reported a net loss of Rs 137.06 crore.

Revenue and Operations

The company's revenue from operations remained relatively stable at Rs 2,222.50 crore, compared to Rs 2,213.69 crore in the previous quarter. However, this represents a decline from Rs 2,323.33 crore recorded in the corresponding quarter of the previous year.

Expenses and Profitability

Total expenses for the quarter increased to Rs 2,418.46 crore, with a significant rise in the cost of materials consumed. The cost of materials jumped to Rs 1,354.14 crore from Rs 1,086.37 crore in the previous quarter. This increase in expenses contributed to the company's loss before tax of Rs 171.83 crore for the quarter.

Key Financial Metrics

Other Details

The company's board meeting was held on August 7, where these unaudited financial results were approved. The earnings per share (EPS) for the quarter stood at negative Rs 1.34.

Vishal Bearings maintains its focus on manufacturing and selling bearing rollers and allied activities. The company reported that no investor complaints were received during the quarter, indicating stable investor relations despite the financial challenges.

The management has not provided specific comments on the factors contributing to the loss or any forward-looking statements regarding future performance.