Outcome of Board meeting dated 29th May, 2026- Audited Financials for half year and year ended 31st March, 2026 and other matters
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Vashishtha Luxury Fashion Ltd reported strong full-year results for FY2026. Standalone revenue from operations grew 34.4% to Rs 1,429.12 lakhs from Rs 1,063.10 lakhs in FY2025. Profit after tax increased 34.4% to Rs 185.90 lakhs from Rs 138.28 lakhs. The company completed its IPO in September 2025 (listing on BSE SME Platform), raising Rs 887.11 lakhs, which significantly boosted cash reserves from Rs 1.93 lakhs to Rs 572.84 lakhs and expanded share capital. Finance costs reduced substantially by 75.6% to Rs 5.52 lakhs. The Board also appointed M/s RGGR & Associates LLP as internal auditor for FY2026-27. Both standalone and consolidated auditor reports were issued with unmodified opinions.
The company showed robust double-digit growth in both revenue and profitability following its recent IPO listing. The massive cash build-up and reduced debt costs strengthen the balance sheet. Shareholders should note the positive momentum in the luxury fashion exports business and the clean audit opinion.