Submission of Outcome of Board meeting along with Un- Audited Financial Results along with Limited Review Report for the Quarter ended 30th September, 2025.
Awaiting price reaction for this filing.
Vadilal Dairy International's Board approved unaudited Q2 FY26 results on 14 November 2025. Total income from operations for Q2 FY26 stood at Rs 28,523 lakhs, down ~9.3% YoY from Rs 31,449 lakhs in Q2 FY25, though H1 FY26 revenue grew ~9.3% to Rs 1,42,471 lakhs versus Rs 1,30,330 lakhs last year. The company reported a net loss of Rs 233.92 lakhs in Q2 FY26, widening from Rs 145.55 lakhs loss in Q2 FY25; H1 FY26 loss was Rs 204.01 lakhs versus Rs 97.57 lakhs last year. EPS turned more negative at Rs (7.32) for the quarter. Auditor PVM & Co. issued an unqualified limited review report. Management notes the business is highly seasonal, with ice cream revenues skewed to summer months (Q1).
Shareholders face widening losses, eroding equity (down from Rs 592.85 lakhs to Rs 394.48 lakhs), a sharply higher debt-to-equity ratio (~3.8x), and negative operating cash flow of Rs (99.99) lakhs in H1 — together signalling financial stress that may weigh on the stock despite seasonal revenue patterns.