Latest news about Vedavaag Systems
Vedavaag Systems
19.87
-0.19(-0.95%)
Company Performance:
View Company Insights1D-0.95%
1M-6.10%
6M-35.04%
1Y-59.37%
5Y-36.92%
More news about Vedavaag Systems
23Dec 25
Vedavaag Systems Secures ₹5 Crore CCTV Surveillance Order from ITI Limited
Vedavaag Systems Limited has won a ₹5 crore order from ITI Limited for supplying and installing CCTV surveillance systems at a premium government organization. The project has a 6-month completion timeline. Payment terms include 80% within 30 days on a back-to-back basis through an ESCROW account, with final payment upon client acceptance. The order complies with SEBI regulations and involves no related party transactions.
14Nov 25
Vedavaag Systems Reports Q2 FY2026 Results: Revenue Declines but Profitability Remains Stable
Vedavaag Systems Limited reported a mixed financial performance for Q2 FY2026. Consolidated revenue decreased by 30.5% quarter-on-quarter to Rs. 2,162.23 lakhs, while consolidated profit after tax (PAT) declined by 43.4% to Rs. 121.95 lakhs. Despite the quarterly decline, H1 FY2026 consolidated revenue grew by 11.4% year-on-year to Rs. 5,273.13 lakhs, though H1 PAT decreased by 29.2%. The IT and ITES segment contributed the entire Q2 revenue. The company maintained profitability despite revenue drops, indicating effective cost management.
05Sept 25
Vedavaag Systems Reports 12% Jump in Quarterly Profit to Rs 192.43 Lakhs
Vedavaag Systems Limited reported a 12.40% increase in standalone profit after tax, rising to Rs 192.43 lakhs from Rs 171.22 lakhs year-over-year. Revenue from operations grew by 4.76% to Rs 1,784.18 lakhs. On a consolidated basis, profit after tax increased by 9.20% to Rs 244.75 lakhs, with revenue rising 4.38% to Rs 2,306.70 lakhs. Standalone EPS improved to Rs 0.84 from Rs 0.75, while consolidated EPS rose to Rs 1.07 from Rs 0.98. The Board of Directors approved these results on August 11, 2022.
14Aug 25
Vedavaag Systems Reports 39.5% Jump in Q1 Consolidated Revenue
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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