Vedant Fashions Q1 results, PAT up 15% YoY, key directors re-appointed
MANYAVAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vedant Fashions (Manyavar) Board approved Q1 FY27 unaudited results. Revenue from operations rose to about Rs 301 crore from Rs 281 crore YoY, up around 7 percent. Profit after tax grew to about Rs 81 crore from Rs 70 crore, up around 15 percent. EPS was Rs 3.32 versus Rs 2.89. Board also re-appointed Ravi Modi as CMD and Shilpi Modi as Whole-time Director for 5 years each, plus Manish Choksi as Independent Director for another 5 year term. Limited review by BSR and Co LLP was clean with no qualifications.
Q1 shows steady mid-single digit revenue growth and about 15 percent PAT rise. Leadership continuity provides stability. Review report was clean.