Gold Rock Investments Reports Impressive Q1 Results with 200% Revenue Growth
Virtuoso Optoelectronics has reported exceptional Q1 results. Total income from operations increased by 200% year-on-year to Rs. 414.06 crore. The company turned profitable with a net profit after tax of Rs. 358.11 crore, compared to a loss in the previous year. Total comprehensive income improved to Rs. 444.98 crore. EPS rose to Rs. 45.58 from a negative Rs. 18.70. The Board approved these unaudited results on August 14, and the company published extracts in newspapers on August 15, complying with SEBI regulations.
28Jul 25
Virtuoso Optoelectronics Launches Reciprocatory Compressor Manufacturing at New Nashik Facility
Virtuoso Optoelectronics Limited's subsidiary, Virtuoso Compressors Private Limited, has started manufacturing reciprocatory compressors in Nashik, Maharashtra. The new facility has an annual capacity of 2.80 million compressors (3 cc to 15 cc) and required a ₹45.00 crore investment. The project involves technical collaboration with Huayi Compressor, Jiaxipera Compressor, and Shenzhen Eateron Company. The plant aims to reduce India's compressor imports and strengthen Virtuoso's position in the market. The company plans to launch the compressors in November 2025, targeting domestic markets initially.
23Jul 25
Virtuoso Optoelectronics Shareholders Approve Issuance of Equity Warrants in EGM
Virtuoso Optoelectronics Limited (VOL) held an Extraordinary General Meeting on July 23, 2025, where shareholders overwhelmingly approved the issuance of equity warrants on a preferential basis. The meeting, conducted via video conferencing, saw 99.996% of votes cast in favor of the special resolution. The EGM was chaired by Managing Director Sukrit Bharati and attended by 24 shareholders. The company provided e-voting facilities and appointed an independent scrutinizer to ensure transparency in the voting process.
16May 25
Virtuoso Optoelectronics Secures Rs. 100 Crore Upgrade in PLI Scheme
Virtuoso Optoelectronics has received approval from IFCI for a Rs. 100 crore upgrade in its investment category under the Production Linked Incentive (PLI) Scheme. This upgrade is expected to boost the company's manufacturing capabilities, increase production capacity, and enhance its competitiveness in the optoelectronics industry. The development aligns with the Indian government's 'Make in India' initiative and could potentially lead to job creation and economic growth.