Visaka Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Visaka Industries Ltd reported a 35.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.2%.
• Its expenses for the quarter were down by 29.6% QoQ and up 1.7% YoY.
• The net profit decreased 116.7% QoQ and decreased 47.3% YoY.
• The earnings per share (EPS) of Visaka Industries Ltd declined at 1.01 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Visaka Industries Ltd is a multifaceted company primarily known for its production and distribution of building materials. The company operates in the construction materials industry and offers a range of products including asbestos cement sheets, non-asbestos boards, and panels. Visaka Industries also has a presence in the textile sector, producing synthetic blended yarn. As of the latest update, no specific recent major developments have been highlighted in the data provided. The company continues to focus on its core offerings in the building materials sector.

Revenue

In the second quarter of the fiscal year 2026, Visaka Industries Ltd reported a total income of ₹326.29 crores. This represents a decrease of 35.6% quarter-over-quarter (QoQ) from the ₹507.04 crores recorded in the first quarter of FY26. Year-over-year (YoY), there is a 5.2% increase when compared to the ₹310.23 crores in the second quarter of FY25. This revenue data indicates a significant fluctuation in quarterly performance while maintaining a marginal growth trajectory on an annual basis.

Profitability

For Q2FY26, Visaka Industries reported a loss, with a profit before tax (PBT) of ₹-11.29 crores, which contrasts with a PBT of ₹64.47 crores in the previous quarter (Q1FY26), reflecting a QoQ decline of 117.5%. Compared to Q2FY25, where the PBT was ₹-21.79 crores, there is a YoY improvement of 48.2%. The profit after tax (PAT) for Q2FY26 was ₹-8.72 crores, down from a PAT of ₹52.14 crores in Q1FY26, equating to a QoQ decrease of 116.7%. The YoY comparison shows a 47.3% improvement from a PAT of ₹-16.56 crores in Q2FY25. Earnings per share followed a similar pattern, with a value of ₹-1.01 in Q2FY26, down from ₹6.03 in Q1FY26, and improved from ₹-1.92 in Q2FY25, reflecting corresponding changes in profitability.

Operating Metrics

The total expenses for Visaka Industries in Q2FY26 amounted to ₹337.58 crores, which represents a decrease of 29.6% from ₹479.31 crores in Q1FY26. Year-over-year, total expenses increased slightly by 1.7% from ₹332.02 crores in Q2FY25. This data highlights a marked reduction in expenses on a quarterly basis, with a marginal rise annually. The tax-related figures also show a notable decline, with a tax expense of ₹-2.57 crores in Q2FY26 compared to ₹12.33 crores in Q1FY26, indicating a QoQ reduction of 120.8%, and a YoY improvement of 50.9% from a tax expense of ₹-5.23 crores in Q2FY25. These financial metrics underscore the variations in operational costs and tax impacts on quarterly and annual bases.