In Q1'26, VRT's Gross Margin stood at 37.7%, Operating Margin at 16.6%, and Net Profit Margin at 14.7%, reflecting a slight dip in gross and operating margins from the prior quarter's peaks but maintaining a robust net margin near its recent high. Over the period from Q2'23 to Q1'26, the profit margins exhibit an overall upward trend with intermittent volatility; Gross Margin fluctuated between 34.3% and 38.9% before stabilizing around 37-38%, Operating Margin steadily climbed from 12.3% to a peak of 20.4% in Q4'25 amid operational efficiencies, while Net Profit Margin showed recovery from a low of -0.4% in Q1'24 to 15.5% in Q4'25, driven by improved profitability despite occasional quarterly declines. This progression highlights VRT's strengthening financial health, particularly in net margins, though Q1'26 suggests potential margin pressures from cost factors.