MANYAVAR Vedant Fashions Q2 FY26 results (Jul–Sep 2025) and concall
Vedant Fashions delivered a resilient performance in Q2 FY26, navigating a significant operational transition caused by GST rate rationalization. While primary revenue dispatches were hampered for 15-20 days due to the need to re-barcode over 1 million pieces, secondary sales (sales to customers) grew by 4.6%. Management remains optimistic about H2 FY26, citing strong H1 SSG of 8.2% and a strategic pivot in marketing to drive footfalls ahead of the peak wedding season.
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What they filed
Q2 FY26: revenue down 1.9%, net profit down 16.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 268 | 511 | 367 | 281 | 263 −2% |
| EBITDA | 122 | 242 | 166 | 121 | 111 −9% |
| Net profit | 67 | 158 | 101 | 70 | 56 −16% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
