BSEVTM LtdHighNeutral
Announced Mon, 10 Nov · 18:13 IST

Un Audited Financial Results for the Quarter ended 30th September 2025.

Revenue Growth 20pctEbitda 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

VTM Limited reported Q2 FY26 net sales of Rs 8,987.59 lakhs, up about 23% from Rs 7,316.94 lakhs in Q2 FY25, with H1 FY26 sales at Rs 16,186.30 lakhs versus Rs 13,231.24 lakhs last year. Net profit, however, fell sharply to Rs 232.22 lakhs in Q2 FY26 from Rs 977.03 lakhs a year ago, as higher raw material and operating expenses squeezed margins; H1 FY26 profit dropped to Rs 692.69 lakhs from Rs 1,500.33 lakhs. The textile manufacturer noted it had given additional discounts to US customers to mitigate the impact of US tariff increases. Operating cash flow turned positive at Rs 1,837.15 lakhs in H1 FY26 compared with a negative Rs 1,008.01 lakhs in H1 FY25. Statutory auditor CNGSN & Associates LLP issued an unmodified limited review opinion.

Likely market impact

Strong revenue growth signals demand strength, but the steep fall in profit highlights margin pressure from US tariff discounts and rising input costs — near-term earnings may stay weak even as topline expands, which could weigh on the stock in the short term.