VIPIND VIP Industries Q1 FY26 results (Apr–Jun 2025) and concall
VIP Industries faced a challenging Q1 FY26 with a double-digit revenue de-growth and volume concerns, primarily driven by intense competition in e-commerce and the lower end of the market. Despite this, the company maintained an adjusted EBITDA margin of 10% through structural cost controls and saw strong performance from its premium Carlton brand. One-time costs and inventory provisions impacted reported profitability, and a legal issue temporarily halted Carlton sales in July.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 544 | 501 | 494 | 561 |
| EBITDA | -2 | 29 | 6 | 25 |
| Net profit | -33 | -12 | -27 | -13 |
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.





