Revised Outcome of Board Meeting: provisions line in cash flow corrected, other FY26 results unchanged

Vruddhi Engineering Works has shared a Revised Outcome of its board meeting held on May 28, 2026.

Thu 8 Oct 2026

Total income (FY26)

Rs. 4,311.53 lakhs

Profit (FY26)

Rs. 307.77 lakhs

Basic EPS (FY26)

Rs. 12.20

What the company shared

Vruddhi Engineering Works has submitted a Revised Outcome of its board meeting held on May 28, 2026. This follows the outcome shared earlier for the same meeting, which carried the audited standalone financial results for the half year and year ended March 31, 2026. The company says an inadvertent error had occurred in mentioning Increase/(Decrease) in provisions under "Cash flow from Operations", and the re-shared results incorporate that correction. It states that except for this correction, there are no other changes in the financial results already submitted.

Auditor's opinion

The statutory auditor, Maheshwari & Co., Chartered Accountants, has issued an audit report with unmodified opinion on the standalone financial results for the year ended March 31, 2026. The figures for the half year ended March 31, 2026 are balancing figures, derived by subtracting the reviewed figures up to the half year from the audited figures of the full financial year.

Key figures in the revised results

• Total income for the year ended March 31, 2026: Rs. 4,311.53 lakhs
• Profit for the year: Rs. 307.77 lakhs
• Basic earnings per share for the year: Rs. 12.20
• Revenue from operations for the half year ended March 31, 2026: Rs. 2,959.90 lakhs
• Profit for that half year: Rs. 201.50 lakhs
• Increase/(Decrease) in provisions shown under Cash flow from Operations in the revised statement: Rs. 28.43 lakhs

Fresh issue proceeds

• The proceeds of the fresh issue were Rs. 476.00 lakhs, meant for working capital and general corporate purposes (issue related expenses).
• The unutilised amount as on March 31, 2026 was Rs. 10.12 lakhs, kept with Yes Bank in an Escrow Account.

Note on the new labour codes

The notes state that 29 existing labour legislations were consolidated into four Labour Codes, made effective from November 21, 2025. The company estimated the revised gratuity liability as at March 31, 2026 and recognised the additional liability as part of employee benefit expenses in the reporting period. It states that no material additional liability on compensated absences and provident fund arose on account of these codes, and that the impact of the related rules will be accounted for in the period in which they are notified.

What to keep in mind

• The correction sits inside one line of the cash flow statement of results that were already shared; the company states the rest of the financial results are unchanged.
• Cash flow from operations shows how much cash the business actually generated, so a revised figure there is worth reading alongside the profit figures.

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