Vedant Fashions Limited has submitted to the Exchange, the standalone unaudited financial results for the quarter and nine months ended December 31, 2025.
MANYAVAR · price
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Vedant Fashions (Manyavar brand) reported Q3 FY26 revenue from operations of ₹4,917 million, down about 4% from ₹5,128 million in Q3 FY25. Profit after tax for the quarter fell roughly 15% to ₹1,349 million (from ₹1,580 million a year ago), and EPS dropped to ₹5.55 from ₹6.50. For the nine months ended December 2025, revenue grew modestly to ₹10,361 million (up ~1.7% YoY), but nine-month profit slipped to ₹2,612 million from ₹2,874 million. Total expenses rose faster than revenue, squeezing margins. The results were reviewed by auditor B S R & Co. LLP with a clean (unqualified) limited review report. The company also booked a one-time ₹16.17 million impact from new Labour Code provisions under employee costs.
Mixed-to-negative for shareholders: Q3 saw both revenue and profit decline year-on-year, and nine-month profitability was lower despite slightly higher sales, suggesting margin pressure. The clean auditor report reduces governance concerns, but weak Q3 performance could weigh on short-term sentiment.