Vardhman Textiles Ltd has reported a weaker financial performance for the October–December quarter of FY ’26, with profitability coming under pressure despite modest growth in revenue.
The textile manufacturer posted a 21.3% year-on-year decline in net profit to Rs. 166 crore (US $ 18.12 million) in Q3 FY ’26, compared with Rs. 211 crore (US $ 23.03 million) in the corresponding quarter last year. The decline was primarily driven by softer operating profitability amid rising cost pressures.
Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 9.4% year on year to Rs. 283.5 crore (US $ 30.95 million), down from Rs. 313 crore (US $ 34.17 million) in the same period of the previous financial year. The contraction reflects higher input costs and a challenging pricing environment, which weighed on margins during the quarter.
Revenue from operations increased marginally by 1.6% year on year to Rs. 2,505 crore (US $ 273 million), compared with Rs. 2,465 crore (US $ 269 million) in Q3 FY ’25. The growth suggests relatively stable demand conditions, even as the broader textile sector continues to navigate pricing and cost headwinds.
As a result, the company’s EBITDA margin narrowed to 11.32%, from 12.70% a year earlier, highlighting continued pressure on operating leverage during the quarter.
Vardhman Textiles Ltd is part of the Vardhman Group, one of India’s largest integrated textile manufacturers. The company is primarily engaged in the production of cotton yarn, synthetic yarn, woven and knitted fabrics, sewing threads, and fibre. With manufacturing facilities across several states in India, Vardhman supplies both domestic and international markets and serves a wide range of apparel and industrial textile segments.
