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Vedavaag Systems Ltd consolidated sales down 55.21% on year in Q2FY2026, net profit surged by 423.81%
14-Aug-2026, 09:36
Vedavaag Systems Ltd share price gained 2.39% to Rs 19.3 after the company's net profit saw a strong growth of 423.81% to Rs 1.1 crore, while revenue from operations dropped sharply 55.21% to Rs 22.12 crore in Q2FY26 over Q1FY26. The market capitalization of IT Enabled Services industry group stocks on BSE stood at Rs 2.4 lakh crore, declining 0.73%. It has improved by 0.33% over last one week and soared by 17.36% in last one month while the market capitalization of Vedavaag Systems Ltd has eased by 2.27% and 11.18% in the same period respectively. Profit before tax (PBT) of Vedavaag Systems Ltd stood at Rs 1.49 crore in Q2 FY26, tumbling by 50.99% year-on-year, and jumping 181.13% quarter-on-quarter. EBITDA came in at Rs 3 crore, tanking 39.72% YoY and rallying 15.38% sequentially. Total expenses slumped by 57.58% to Rs 20.48 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 3.89 crore, tanking by 29.78% YoY. For the TTM ended FY26, revenue from operations soared by 22.02% to Rs 105.79 crore, while net profit saw a mild growth of 6.59% to Rs 8.41 crore, compared to previous TTM. EBITDA jumped by 1219% to Rs 15.77 crore, and PBT registered a growth of 14.55% to Rs 11.34 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 0.22 crore in FY26, as against Rs 4.76 crore in FY25. Vedavaag Systems Ltd plunged by 49.73% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.