Outcome of Board Meeting for results
Price
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Awaiting price reaction for this filing.
Vadilal Enterprises' board approved unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025) showing revenue of ₹516.70 Cr, almost flat versus ₹513.07 Cr in Q1 FY25. Net profit, however, fell to ₹20.10 Cr from ₹28.97 Cr, a drop of roughly 30% year-on-year, reflecting margin compression. The board fixed September 23, 2025 as the date for the 40th AGM (via video conferencing) with book closure from September 17–23, 2025. Chairman & Executive Director Mr. Rajesh R. Gandhi resigned effective August 14, 2025 (citing pre-occupation), and Mr. Kalpit R. Gandhi was appointed as Additional Director designated Executive Director. The company also appointed Walker Chandiok & Co LLP as new Statutory Auditors for a 5-year term in place of Arpit Patel & Associates, and PricewaterhouseCoopers Services LLP as Internal Auditors for two years.
Flat top-line with a sharp ~30% slide in net profit signals pressure on profitability despite stable revenue. The leadership transition at the Chairman level and upgrade to a Big-4 statutory auditor (Walker Chandiok) point to governance strengthening, though investors should watch how the change in management and auditors plays out alongside the weaker earnings.