Vedant Fashions Q1 Net Profit at ₹702.57 Million, Revenue ₹2.81 Billion

About this update from Vedant Fashions Limited

Vedant Fashions Limited, owner of the brand Manyavar, reported a net profit of ₹702.57 million for the quarter ended June 30, 2025. The company's revenue from operations stood at ₹2.81 billion for the same period. The board of directors approved the unaudited financial results in a meeting held on July 30, 2025.Q1 FY26 Financial Results (in ₹ Million)ParticularsQ1 FY26Q4 FY25Q1 FY25Revenue from operations2,811.903,674.362,398.22Other Income258.28220.57214.62Total Income3,070.183,894.932,612.84Cost of materials consumed275.32499.44313.11Purchases of stock-in-trade358.59732.50291.18Changes in inventories142.94(261.52)24.90Employee benefits expense155.68153.47146.01Finance costs141.31136.23139.17Depreciation and amortisation expense397.80394.62371.81Other expenses673.48893.16496.04Total expenses2,145.122,547.901,782.22Profit before tax925.061,347.03830.62Current Tax268.52332.69180.2Deferred Tax(46.03)3.29(25.53)Total Tax expense222.49335.98205.73Profit for the period702.571,011.05624.89Financial PerformanceVedant Fashions' revenue from operations for the quarter ended June 30, 2025, was ₹2.81 billion, compared to ₹2.39 billion for the quarter ended June 30, 2024. The total income for the quarter was ₹3.07 billion, compared to ₹2.61 billion for the same period last year.ExpensesThe company's total expenses for the quarter ended June 30, 2025, were ₹2.14 billion, compared to ₹1.78 billion for the quarter ended June 30, 2024.ProfitabilityThe profit before tax for the quarter ended June 30, 2025, was ₹925.06 million, compared to ₹830.62 million for the quarter ended June 30, 2024. The profit for the period was ₹702.57 million, compared to ₹624.89 million for the same period last year.Other Comprehensive IncomeThe other comprehensive income for the period, net of tax, was ₹6.91 million, compared to ₹6.86 million for the quarter ended June 30, 2024.Equity Share CapitalThe equity share capital (face value of ₹1 each) was ₹242.95 million as of June 30, 2025.Earnings Per Share (EPS)The earnings per equity share (EPS) for the quarter ended June 30, 2025, was ₹2.89.Amalgamation SchemeThe Scheme of Amalgamation was approved by the National Company Law Tribunal (NCLT) vide its orders dated November 11, 2024 ('the Scheme') with retrospective appointed date April 01, 2024. Accordingly, the corresponding amounts for the quarter ended June 30, 2024 has been restated by the C...

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