Results for the quarter & year ended 31st March, 2026
MANYAVAR · price
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Vedant Fashions Limited (Manyavar brand) reported audited financial results for FY26 with revenue from operations of ₹14,354.79 million, up 3.5% from ₹13,864.83 million in FY25. However, profit after tax declined 3.3% to ₹3,755.43 million from ₹3,884.72 million in the prior year. The company reported Q4 FY26 revenue of ₹3,994.27 million with net profit of ₹1,143.03 million. Statutory auditors B S R & Co. LLP issued an unmodified (clean) opinion on the financial results. The Board recommended a final dividend of ₹7.75 per equity share for FY26. Cash generated from operating activities remained strong at ₹4,814.44 million. The company recognized ₹16.17 million incremental employee expense due to new labour code regulations.
The stock shows stable performance with modest revenue growth but declining profitability. The clean auditor opinion and strong operating cashflow are positive signals. The dividend declaration provides income support for shareholders despite PAT decline.