VTL Vardhman Textiles Q2 FY26 results (Jul–Sep 2025) and concall
Vardhman Textiles delivered a resilient Q2 FY26 performance despite significant global challenges, including elevated US tariffs and a cost disadvantage in domestic cotton. The company is maintaining high capacity utilization and aggressively pursuing a 30% capacity expansion. Management is cautiously optimistic about a recovery in spreads by Q4 FY26, contingent on US trade negotiations and continued cotton duty exemptions.
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What they filed
Q2 FY26: revenue down 1.5%, net profit down 14.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 2,455 | 2,404 | 2,458 | 2,342 | 2,417 −2% |
| EBITDA | 315 | 310 | 288 | 326 | 333 +6% |
| Net profit | 220 | 204 | 229 | 202 | 189 −14% |
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.





