Vardhman Textiles Q2 FY27 Results: Consolidated Net Profit ₹359 Crore
- Earnings
- Textiles
Reviewed byKeshav SehgalBlacklitt Research
Vardhman Textiles (NSE: VTL) reported a standalone total income of ₹2,874.33 crore and standalone net profit of ₹364.26 crore for the quarter ended 30 Sep 2026, and consolidated net profit attributable to owners of ₹357.03 crore, as it said in a filing on 06 Nov 2026. Consolidated total income is not stated in the filing text read here.
Key highlights
Consolidated
Including its subsidiaries
- Total income: Not stated in the figures read; revenue from operations ₹2,865.65 crore, up 15.5% YoY and 6.0% QoQ
- Net profit: ₹358.76 crore, up 91.1% YoY and 14.1% QoQ; attributable to owners ₹357.03 crore
- Profit before tax: ₹477.17 crore, up 91.8% YoY and 14.1% QoQ
Standalone
The company on its own, without its subsidiaries
- Total income: ₹2,874.33 crore, up 16.5% YoY and 5.6% QoQ
- Net profit and EPS: ₹364.26 crore, up 92.3% YoY; basic EPS ₹12.58 against ₹6.55 a year earlier
- Other income: ₹81.74 crore, up 61.3% YoY, 2.8% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 2,865.65 | 2,480.10 | +15.5% | 2,703.08 | +6.0% | |
| Other income | 53.37 | n/a | n/a | 36.78 | +45.1% |
| 358.76 | 187.76 | +91.1% | 314.56 | +14.1% | |
| Profit before tax | 477.17 | 248.79 | +91.8% | 418.07 | +14.1% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit of ₹358.76 crore rose 91.1% YoY, a little slower than profit before tax, which rose 91.8% to ₹477.17 crore. The gap between the two lines is the tax charge, which the statement gives only as current and deferred tax and not as a single total in the text read here.
Revenue from operations rose 15.5% YoY to ₹2,865.65 crore, and other income reached ₹53.37 crore against ₹36.78 crore in the previous quarter. Other income is 11.2% of profit before tax this quarter.
The consolidated figures take in Vardhman Acrylics, VTL Investments and three associates. The auditors did not review the results of one subsidiary, with a quarterly total revenue of ₹113.38 crore and a net profit after tax of ₹5.92 crore, and they relied on other auditors' reports for it. Consolidated net profit attributable to owners was ₹357.03 crore against ₹187.03 crore a year earlier.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 2,874.33 | 2,468.13 | +16.5% | 2,720.68 | +5.6% | |
| Revenue from operations | 2,792.59 | 2,417.44 | +15.5% | 2,648.18 | +5.5% |
| Other income | 81.74 | 50.69 | +61.3% | 72.50 | +12.7% |
| 364.26 | 189.39 | +92.3% | 285.06 | +27.8% | |
| Profit before tax | 481.71 | 249.25 | +93.3% | 379.52 | +26.9% |
| Depreciation | 127.81 | n/a | n/a | 125.55 | +1.8% |
| Net profit margin | 12.67% | 7.67% | +5.00 pp | 10.48% | +2.20 pp |
| EPS, basic (₹) | 12.58 | 6.55 | +92.1% | 9.85 | +27.7% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit of ₹364.26 crore rose 92.3% YoY, faster than total income, which rose 16.5%. Revenue from operations rose 15.5% to ₹2,792.59 crore, so other income, up 61.3% to ₹81.74 crore, grew faster than the operating line. Other income is 17.0% of profit before tax of ₹481.71 crore.
Profit before tax rose 93.3% YoY to ₹481.71 crore and 26.9% QoQ. Standalone depreciation was ₹127.81 crore against ₹125.55 crore in the previous quarter. Net profit margin on total income was 12.67%, against 7.67% a year earlier and 10.48% in the previous quarter.
The standalone company reports one operating segment, Textiles, covering yarns and fabrics. During the quarter it issued 1,01,000 equity shares of face value ₹2 each under its Employee Stock Options Scheme.
Inference
The filing says the results were reviewed by the Audit Committee on 05 Nov 2026, approved by the board on 06 Nov 2026, and given a limited review by Deloitte Haskins & Sells LLP, which reported no matter that causes it to believe the statements contain a material misstatement.
Dividends on equity share capital paid in the half year were ₹143.64 crore standalone and ₹144.75 crore consolidated. The filing does not say what dividend the board intends for the current year, and it does not give the reasons for the change in other income or in profit before tax between the quarters.
Filed with BSE on . Reference: Original filing (PDF)
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