Vedant Fashions Q1 Net Profit at ₹702.57 Million, Revenue ₹2.81 Billion

Vedant Fashions Limited, owner of the brand Manyavar, reported a net profit of ₹702.57 million for the quarter ended June 30, 2025. The company's revenue from operations stood at ₹2.81 billion for the same period. The board of directors approved the unaudited financial results in a meeting held on July 30, 2025.

Q1 FY26 Financial Results (in ₹ Million)
Particulars	Q1 FY26	Q4 FY25	Q1 FY25
Revenue from operations	2,811.90	3,674.36	2,398.22
Other Income	258.28	220.57	214.62
Total Income	3,070.18	3,894.93	2,612.84
Cost of materials consumed	275.32	499.44	313.11
Purchases of stock-in-trade	358.59	732.50	291.18
Changes in inventories	142.94	(261.52)	24.90
Employee benefits expense	155.68	153.47	146.01
Finance costs	141.31	136.23	139.17
Depreciation and amortisation expense	397.80	394.62	371.81
Other expenses	673.48	893.16	496.04
Total expenses	2,145.12	2,547.90	1,782.22
Profit before tax	925.06	1,347.03	830.62
Current Tax	268.52	332.69	180.2
Deferred Tax	(46.03)	3.29	(25.53)
Total Tax expense	222.49	335.98	205.73
Profit for the period	702.57	1,011.05	624.89

Financial Performance

Vedant Fashions' revenue from operations for the quarter ended June 30, 2025, was ₹2.81 billion, compared to ₹2.39 billion for the quarter ended June 30, 2024. The total income for the quarter was ₹3.07 billion, compared to ₹2.61 billion for the same period last year.

Expenses

The company's total expenses for the quarter ended June 30, 2025, were ₹2.14 billion, compared to ₹1.78 billion for the quarter ended June 30, 2024.

Profitability

The profit before tax for the quarter ended June 30, 2025, was ₹925.06 million, compared to ₹830.62 million for the quarter ended June 30, 2024. The profit for the period was ₹702.57 million, compared to ₹624.89 million for the same period last year.

Other Comprehensive Income

The other comprehensive income for the period, net of tax, was ₹6.91 million, compared to ₹6.86 million for the quarter ended June 30, 2024.

Equity Share Capital

The equity share capital (face value of ₹1 each) was ₹242.95 million as of June 30, 2025.

Earnings Per Share (EPS)

The earnings per equity share (EPS) for the quarter ended June 30, 2025, was ₹2.89.

Amalgamation Scheme

The Scheme of Amalgamation was approved by the National Company Law Tribunal (NCLT) vide its orders dated November 11, 2024 ('the Scheme') with retrospective appointed date April 01, 2024. Accordingly, the corresponding amounts for the quarter ended June 30, 2024 has been restated by the Company after recognising the effect of the scheme as per the applicable accounting standard.