VNL Q1 : STANDALONE NET PROFIT UP 76.4% AT ₹6.88 CR (YOY). STRONG (ON 1ST LOOK)

• Revenue up 35.4% at ₹86.97 Cr (YoY); Ebitda up 30.2% at ₹13.76 Cr. • Ebitda margins 15.8% v 16.4% (YoY); PAT margins 7.9% v 6.1% (YoY). • Manufacturing division revenue up 31.3% at ₹66.04 Cr; service division up 43.2% at ₹19.92 Cr. • Order book ₹551.66 Cr as of September 30, 2026, across manufacturing and service segments.

Vishal Nirmiti Limited

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