VPRPL Vishnu Prakash R Punglia Q2 FY26 results (Jul–Sep 2025) and concall
Vishnu Prakash R Punglia Limited reported a challenging Q2 FY26 with significant declines in revenue and profitability, primarily due to higher working capital utilization, delayed government payments, and initial mobilization expenses. However, the company highlighted a strong order book of ₹5,001 crores and substantial promoter support through interest-free loans, which helped reduce external debt. Management expects improved fund flow and execution in H2 FY26, guiding for 10-20% revenue growth and normalized EBITDA margins of 13-13.5%.
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What they filed
Q2 FY26: revenue down 11.6%, net profit down 83.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 335 | 241 | 405 | 276 | 296 −12% |
| EBITDA | 49 | 28 | 46 | 32 | 24 −51% |
| Net profit | 24 | 4 | 16 | 7 | 4 −83% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





