Vedant Fashions Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Vedant Fashions reported Q1 FY27 revenue from operations of around INR301 crores, up 7.2% year-on-year, with retail sales to customers growing 3.4% and domestic same-store sales growth of approximately 3.8%. The company maintained a gross margin of 65.7% and EBITDA margin of 44.6%, with profit after tax of around INR81 crores, up 14.7% year-on-year. Management discussed store closures and openings strategy, premiumization trends, competitive dynamics in the celebration wear industry, and plans for the MBO, SIS and e-commerce channels.
Vedant Fashions reported Q4 FY26 retail sales of approximately Rs 561 crores, up 7.8% year-on-year, with same-store sales growth of about 4.6% for the quarter. For the full year, retail sales crossed Rs 2,008 crores, up 6.1%, with revenue from operations of around Rs 1,436 crores and PAT of around Rs 376 crores. Management attributed part of the gap between retail sales and reported revenue to GST rate changes implemented in September 2025, and discussed store network rationalization, marketing campaigns, and input cost inflation from fabric prices.