Results - Announcements
Virtuoso Optoelectronics Ltd share price headed higher 5.85% to Rs 510.85. The Company's net profit tumbled by 70.28% to Rs 2.69 crore, while revenue from operations plunged by 52.89% to Rs 177.08 crore in Q2FY27 over Q2FY26.
The market capitalization of Diversified consumer products industry group stocks on BSE stood at Rs 1987.07 crore, crashing by 44.62%. It has increased 10.18% over last one week and gained upto 7.82% in last one month while the market capitalization of Virtuoso Optoelectronics Ltd has gained 11.10% and 11.59% in the same period respectively.
Profit before tax (PBT) of Virtuoso Optoelectronics Ltd stood at Rs 1.87 crore in Q2 FY27, tumbling by 201.63% year-on-year, and nosediving by 85.63% quarter-on-quarter. EBITDA came in at Rs 19 crore, jumping 100.11% YoY and plunging by 44.23% sequentially.
Total expenses slumped by 52.71% to Rs 166.29 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 150.55 crore, registering a fall of 54.53% YoY, while employee benefits expense was at Rs 7.46 crore, collapsing by 24.57% YoY.
For FY26, revenue from operations rose 17.83% to Rs 823.6 crore, while net profit soared by 22.39% to Rs 15.03 crore, compared to previous FY. EBITDA jumped by 6718% to Rs 81.11 crore, and PBT saw a minor gain of 5.60% to Rs 24.51 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 3.33 crore in FY26, as against Rs 36.07 crore in FY25.
Virtuoso Optoelectronics Ltd advanced by 7.98% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.