Vedant Fashions delivered robust financial results for Q1 FY27, with net profit rising 14.7% year-on-year to ₹80.6 crore compared to the same period last year. According to reports from Business Standard, the company's revenue from operations increased 7.2% YoY to ₹301.4 crore during the quarter. The strong profit growth was supported by operational efficiency improvements, with EBITDA rising 10.8% to ₹134.5 crore and EBITDA margin expanding by 140 basis points YoY to 44.6% in the June 2026 quarter.
The company's retail operations showed positive momentum with retail sales across channels growing 3.4% YoY to 4,195 units compared to Q1 FY26. As reported by Business Standard, Vedant Fashions recorded domestic same-store sales growth (SSSG) of 3.8% in Q1 FY27 over the corresponding quarter of the previous fiscal year. This growth indicates sustained demand for the company's ethnic wear products across its retail network.
Total expenses for the quarter increased to ₹225.5 crore, up 5.1% YoY, primarily driven by higher operational costs. According to the company's financial disclosure, stock-in-trade purchases surged 40.9% YoY, raw material costs increased 13.1% YoY, and depreciation charges rose 6% YoY. Despite these cost pressures, the company maintained strong profitability through improved operational efficiency and pricing strategies.
Vedant Fashions shares responded positively to the quarterly results, with the stock rising 0.72% to currently trade at ₹406.30 on the BSE. As reported by Business Standard, the company is primarily engaged in manufacturing, trading and selling readymade ethnic wear for men, women and kids under brand names Manyavar, Mohey, Mebaz, Twamev and Manthan, primarily in India.
