Results - Announcements
Virtuoso Optoelectronics Ltd share price slipped 4.74% to Rs 486.65 after the company's net profit tanked by 70.28% to Rs 2.69 crore, while revenue from operations dropped sharply 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, plunging by 44.62%. It has improved by 5.29% over last one week and ticked higher by 3.04% in last one month while the market capitalization of Virtuoso Optoelectronics Ltd has marginally improved by 5.84% and 6.30% in the same period respectively.
Profit before tax (PBT) of Virtuoso Optoelectronics Ltd stood at Rs 1.87 crore in Q2 FY27, crashing by 201.63% year-on-year, and tumbling by 85.63% quarter-on-quarter. EBITDA came in at Rs 19 crore, surging by 100.11% YoY and nosediving by 44.23% sequentially.
Total expenses tumbled 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 advanced 17.83% to Rs 823.6 crore, while net profit surged by 22.39% to Rs 15.03 crore, compared to previous FY. EBITDA jumped by 6718% to Rs 81.11 crore, and PBT inched up 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 gained 2.86% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.74% during the same period.