MANYAVARNSEVedant Fashions LimitedHighNeutral
Announced Thu, 12 Feb · 18:01 IST

Vedant Fashions Limited has submitted to the Exchange, the standalone unaudited financial results for the quarter and nine months ended December 31, 2025.

Revenue DeclineEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.