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Ace Investor Bets Big on Aviation Services Growth
15 Apr
Summary
- Vijay Kedia increased stake in Global Vectra Helicorp by 3%.
- Global Vectra Helicorp provides offshore and onshore helicopter services.
- Company revenue grew 2.80% to Rs. 147 crore in Q3 FY26.
Ace investor Vijay Kishanlal Kedia has increased his stake in Global Vectra Helicorp Limited, a prominent Indian helicopter service provider, from 4.86% to 7.86% as of the March quarter of 2026. This 3% stake increase, valued at Rs. 20.6 crores, demonstrates Kedia's confidence in the company's aviation services growth.
Global Vectra Helicorp specializes in offshore and onshore helicopter services, including support for oil and gas operations, charter services, and other aviation support across India. The company reported a revenue increase from Rs. 143 crore in Q3 FY25 to Rs. 147 crore in Q3 FY26, a growth of 2.80%.
Despite the revenue growth, the company's net loss widened from Rs. 3 crore in Q3 FY25 to Rs. 11 crore in Q3 FY26. Global Vectra Helicorp boasts over two decades of experience, operating a fleet of more than 25 helicopters and maintaining a strong safety record with over 260,000 accident-free flying hours.
The company's share price saw an intraday jump of 8.45% following the disclosure of Kedia's increased stake, reaching an intraday high of Rs. 193.80 before trading at Rs. 187.90. Promoters hold a majority stake of 75% in the company.
