Vedant Fashions Reports FY26 Revenue of ₹14,354.79 Mn, Recommends ₹7.75 Dividend

Vedant Fashions Limited's Board of Directors, at its meeting held on Friday, May 8, 2026, approved the audited financial results for the quarter and financial year ended March 31, 2026, pursuant to Regulation 30 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s B S R & Co. LLP, Chartered Accountants (FRN: 101248W/W-100022), issued their audit report with an unmodified opinion on the annual financial results. The board meeting commenced at 11:50 a.m. and concluded at 1:20 p.m. Additionally, the board recommended a final dividend of ₹7.75 per fully paid-up equity share of ₹1 each for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

FY26 Financial Performance

Vedant Fashions reported revenue from operations of ₹14,354.79 million for the full year ended March 31, 2026, compared to ₹13,864.83 million in the previous year. Total income, including other income of ₹935.18 million, stood at ₹15,289.97 million. The company's net profit for FY26 came in at ₹3,755.43 million against ₹3,884.72 million in FY25. The following table summarises the key financial metrics:

Metric: FY26 (Audited) FY25 (Audited) Revenue from Operations: ₹14,354.79 Mn ₹13,864.83 Mn Other Income: ₹935.18 Mn ₹851.57 Mn Total Income: ₹15,289.97 Mn ₹14,716.40 Mn Total Expenses: ₹10,330.68 Mn ₹9,521.44 Mn Profit Before Tax: ₹4,959.29 Mn ₹5,194.96 Mn Total Tax Expense: ₹1,203.86 Mn ₹1,310.24 Mn Net Profit: ₹3,755.43 Mn ₹3,884.72 Mn Other Comprehensive Loss (net of tax): ₹(50.38) Mn ₹(3.98) Mn Total Comprehensive Income: ₹3,705.05 Mn ₹3,880.74 Mn Basic EPS (INR per share): ₹15.46 ₹15.99 Diluted EPS (INR per share): ₹15.45 ₹15.98

Q4FY26 Quarterly Snapshot

For the quarter ended March 31, 2026, the company reported revenue from operations of ₹3,994.27 million, compared to ₹3,674.36 million in the same quarter of the previous year and ₹4,917.09 million in the preceding quarter ended December 31, 2025. Quarterly net profit stood at ₹1,143.03 million versus ₹1,011.05 million in Q4FY25. The table below presents the quarterly performance comparison:

Metric: Q4FY26 (Unaudited) Q3FY26 (Unaudited) Q4FY25 (Unaudited) Revenue from Operations: ₹3,994.27 Mn ₹4,917.09 Mn ₹3,674.36 Mn Total Income: ₹4,257.63 Mn ₹5,131.48 Mn ₹3,894.93 Mn Profit Before Tax: ₹1,480.82 Mn ₹1,812.97 Mn ₹1,347.03 Mn Net Profit: ₹1,143.03 Mn ₹1,349.02 Mn ₹1,011.05 Mn Basic EPS (INR per share): ₹4.71 ₹5.55 ₹4.16 Diluted EPS (INR per share): ₹4.70 ₹5.55 ₹4.16

Balance Sheet Highlights

As at March 31, 2026, Vedant Fashions reported total assets of ₹28,527.17 million, up from ₹27,465.75 million as at March 31, 2025. Total equity stood at ₹19,643.36 million, comprising equity share capital of ₹242.97 million and other equity of ₹19,400.39 million. Key balance sheet figures are presented below:

Parameter: March 31, 2026 (Audited) March 31, 2025 (Audited) Total Non-Current Assets: ₹14,630.42 Mn ₹11,402.33 Mn Total Current Assets: ₹13,896.75 Mn ₹16,063.42 Mn Total Assets: ₹28,527.17 Mn ₹27,465.75 Mn Total Equity: ₹19,643.36 Mn ₹17,863.10 Mn Total Non-Current Liabilities: ₹5,101.35 Mn ₹5,599.17 Mn Total Current Liabilities: ₹3,782.46 Mn ₹4,003.48 Mn Total Liabilities: ₹8,883.81 Mn ₹9,602.65 Mn

Cash Flow Summary

For the year ended March 31, 2026, Vedant Fashions generated net cash from operating activities of ₹4,814.44 million, compared to ₹3,886.01 million in the prior year. Net cash used in investing activities was ₹(1,020.05) million, while net cash used in financing activities amounted to ₹(3,855.87) million, which included dividend payments of ₹1,943.61 million. Cash and cash equivalents at the end of the year stood at ₹110.63 million, down from ₹172.11 million at the beginning of the year.

Cash Flow Item: FY26 (Audited) FY25 (Audited) Net Cash from Operating Activities: ₹4,814.44 Mn ₹3,886.01 Mn Net Cash Used in Investing Activities: ₹(1,020.05) Mn ₹(158.83) Mn Net Cash Used in Financing Activities: ₹(3,855.87) Mn ₹(3,772.04) Mn Cash & Equivalents (End of Year): ₹110.63 Mn ₹172.11 Mn

Dividend and Corporate Notes

The board has recommended a final dividend of ₹7.75 per equity share (par value of ₹1 each) for FY26, in accordance with Section 123 of the Companies Act. This is subject to shareholder approval at the ensuing AGM. During the year ended March 31, 2026, 29,094 equity shares were issued to employees against stock options exercised. The company operates in a single reportable segment — Branded Fashion Apparel and Accessories — and does not have any investments in subsidiaries, associates, or joint ventures, making consolidated financial results not applicable. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 8, 2026. The results were signed by Ravi Modi, Chairman and Managing Director (DIN: 00361853), and the corporate communications were handled by Navin Pareek, Company Secretary and Compliance Officer (Membership No.: F10672).

Q4FY26 Analyst Conference Call

Following the results announcement, Vedant Fashions has scheduled a conference call with analysts and institutional investors on Monday, May 11, 2026, at 3:30 PM IST to discuss its Q4FY26 and FY26 performance. The call has been organised by Avendus Spark and will feature Chief Revenue Officer Mr. Vedant Modi and Chief Financial Officer Mr. Rahul Murarka. Participants can join via the DiamondPass™ express registration link or through the dial-in numbers provided below:

Region: Dial-In Number Universal Dial-In: +91 22 6280 1230 / +91 22 7115 8131 UK: 08081011573 USA: 18667462133 Singapore: 8001012045 Hong Kong: 800964448

Details of the conference call are also available on the company's website at www.vedantfashions.com . Both the board meeting outcome and the conference call notification were submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with applicable regulatory requirements.

Vedant fashions Limited has submitted its mandatory quarterly compliance certificate to stock exchanges, confirming adherence to regulatory requirements for share transfer operations during the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its Certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, with both the National Stock Exchange of India Limited and BSE Limited on April 07, 2026. The submission was made by Company Secretary and Compliance Officer Navin Pareek.

Filing Details: Information Certificate Date: April 01, 2026 Filing Date: April 07, 2026 Quarter Ended: March 31, 2026 Regulation: SEBI Regulation 74(5) Filed By: Navin Pareek, Company Secretary

Registrar and Transfer Agent Certification

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent (RTA) for Vedant Fashions Limited, issued the compliance certificate dated April 01, 2026. The certificate was signed by Ganesh Chandra Patro, Deputy Vice President at KFin Technologies Limited.

The RTA certified that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been furnished to all stock exchanges where the company's shares are listed, as required under the SEBI regulations.

Depository Communication

The compliance certificate was simultaneously submitted to both major depositories in India:

National Securities Depository Limited (NSDL) - Trade World, Lower Parel, Mumbai

Central Depository Services (India) Limited (CDSL) - Marathon Futurex, Lower Parel, Mumbai

Both depositories received identical certificates confirming the company's compliance with dematerialization and rematerialization reporting requirements for the specified quarter.

Corporate Information

Vedant Fashions Limited operates under the Manyavar brand and maintains its registered office at 19 Canal South Road, Paridhan Garment Park, Beliaghata, Kolkata. The company's shares are actively traded on major Indian stock exchanges, necessitating regular compliance with depository regulations.

This quarterly filing demonstrates the company's commitment to maintaining transparent share transfer operations and adhering to regulatory frameworks governing securities depositories in India.

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