Uravi Defence and Technology Limited announced its financial results for the quarter and year ended March 31, 2026, in its board meeting held on May 28, 2026. During the quarter ended March 31, 2026, the company reported total income of ₹1,068.03 Lakhs. Comparing this to the previous quarter (ended December 31, 2025), which had a total income of ₹1,067.84 Lakhs, there was a marginal increase of 0.02%. When compared to the corresponding quarter of the previous year (ended March 31, 2025), where the total income was ₹936.54 Lakhs, the current quarter shows an increase of 14.04%. Regarding profitability, the net profit for the period was ₹18.58 Lakhs for the quarter ended March 31, 2026, compared to ₹35.73 Lakhs in the previous quarter, reflecting a decrease of 47.97%. Compared to the corresponding quarter of the previous year, where the net profit was ₹57.77 Lakhs, the current figure shows a decline of 67.84%.

Uravi Defence and Technology Limited is an Indian company, formerly known as Uravi T and Wedge Lamps Limited, which has transitioned from specializing in automotive lighting components to becoming a player in the defense and technology sector. The company primarily focuses on the design, manufacturing, and supply of various types of automotive lamps, including halogen and wedge lamps, while strategically expanding into specialized defense equipment. The business model is built on high-volume manufacturing of precision lighting components, serving both the automotive industry as a supplier and increasingly focusing on the defense technology sector. The company operates multiple manufacturing facilities located in Maharashtra and Jammu & Kashmir.

The company has been actively expanding its footprint through acquisitions and strategic diversification. During the 2025-26 fiscal year, the company recognized Spafax International Holding Limited as an associate after increasing its stake to over 20%, thereby enhancing its presence in international markets. Furthermore, the company successfully completed the divestment of its 50.01% shareholding in SKL India (Private) Limited, which ceased to be a subsidiary effective March 18, 2026. The company’s growth strategy has also involved fundraising efforts, such as the issuance of share warrants on a preferential basis to support its diversification.

For the fiscal year 2025-26, the company reported a total income of ₹4,049.20 Lakhs, compared to ₹4,223.97 Lakhs in the previous fiscal year. The net profit for the year ended March 31, 2026, stood at ₹133.49 Lakhs, compared to ₹173.53 Lakhs in the previous year. Regarding shareholding, the company does not have a single globally famous institutional investor often cited in retail headlines, although it does maintain participation from various Foreign Portfolio Investors (FPIs). As of March 2026, promoter holding in the company stands at 58.04%.