Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results under SEBI LODR Regulations
Audit Opinion:
Unmodified report issued by statutory auditors (Clean opinion)
Key Financial Highlights [Amount in INR millions]:
Standalone Results:
Revenue from Operations: ₹1,090.74 million (QoQ: ₹1,092.45 million in Q4 FY26, YoY: ₹975.64 million in Q1 FY25)
Other Income: ₹38.12 million
Total Income: ₹1,128.86 million
Expenses Breakdown:
- Cost of materials consumed and testing expenditure: ₹226.27 million
- Cost of lab setup: ₹0.45 million
- Changes in inventories of work-in-progress: ₹294.20 million
- Employee benefits expense: ₹2.37 million
- Finance costs: ₹125.48 million
- Depreciation & Amortisation expense: ₹196.71 million
- Other expenses: ₹845.48 million
Total Expenses: ₹1,692.96 million
Profit/(Loss) before exceptional items and tax: ₹283.38 million
Exceptional items: Statutory impact of new Labour Codes: ₹16.16 million
Profit/(Loss) before tax: ₹283.38 million
Tax Expense:
- Current tax: ₹58.14 million
- Taxes of earlier periods: ₹0.38 million
- Deferred tax (benefit)/expense: ₹14.44 million
Total Tax Expense: ₹72.96 million
Profit/(Loss) for the period: ₹210.42 million
Other Comprehensive Income/(expense), net of tax:
- Re-measurements of net defined benefit liability: ₹(0.20) million
- Income tax relating to the items: ₹0.05 million
Total other comprehensive income/(Loss): ₹(0.15) million
Total Comprehensive Income for the period: ₹210.27 million
Paid-up Equity Share Capital: ₹89.34 million (Face value of ₹2 per equity share)
Other Equity: ₹4,479.39 million
Earnings per equity share (EPS):
- Basic: ₹4.71
- Diluted: ₹4.66
Consolidated Results:
Not Specified (The company does not have any subsidiary/associate/joint venture entities)
Segment-wise Performance:
The company has only one reportable segment: 'Contract Research and Testing Services'
Corporate Actions:
- No dividend declarations
- No share split, bonus issue, or buyback
- Employee Stock Option Plan: Granted 40,500 options to eligible employees on July 20, 2026 under Vimta Labs Employee Stock Option Plan 2021 (VLESOP-2021)
Other Significant Information:
Public Private Partnership (PPP) Agreement:
- The company entered into a PPP agreement with Food Safety and Standards Authority of India (FSSAI) on June 29, 2021
- Agreement to setup, operate and transfer (SOT) a National Food Testing Laboratory (NFL) in JNPT, Mumbai
- Considered as a "Service Concessionaire Arrangement" (SCA) under Ind AS 115
- Revenue and costs allocated between lab setup services and operation/maintenance services
- Revenue from lab setup services: ₹0.45 million for Q1 FY27
Employee Stock Options:
- Employee compensation expense includes ₹8.46 million for Q1 FY27 related to stock options fair value
Exceptional Items:
- Statutory impact of new Labour Codes effective from November 21, 2025
- Incremental impact of past service cost in gratuity: ₹16.16 million
- Arising from revision in the definition of wages
- Presented as exceptional item due to non-recurring nature
Previous Period Figures:
- Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and unaudited published YTD figures
- Previous period figures have been regrouped/rearranged for comparability