Corrigendum of Outcome of Board Meeting
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Awaiting price reaction for this filing.
Vishal Fabrics has re-filed its Q2 and H1 FY26 (ended September 30, 2025) financial results to fix clerical/typographical errors in the original Limited Review Report, Consolidated Financial Results, Balance Sheet and Cash Flow Statement filed on November 13, 2025. On a standalone basis, Q2 FY26 revenue from operations came in at Rs 43,300.19 lakh, up about 12.5% from Rs 38,478.90 lakh in Q2 FY25, while Q2 PAT rose around 35.6% to Rs 880.77 lakh from Rs 649.56 lakh. For the half-year, standalone PAT jumped roughly 50% to Rs 1,689.14 lakh. Operating cash flow, however, turned negative at Rs (4,544.23) lakh for H1 FY26, largely due to a sharp rise in trade receivables and a fall in trade payables. The company also converted 5 crore warrants into equity shares during the half-year, increasing paid-up capital from Rs 9,880.50 lakh to Rs 12,380.50 lakh.
Good growth in profits, but EPS looks diluted because of the warrant conversion (share count rose ~25%). Negative operating cash flow and rising receivables are a watch-out for investors. The corrigendum itself only fixes typographical mistakes and does not change the substance of results.