Vishal Fabrics Limited reported a consolidated net profit of ₹7.15 crore for the quarter ended June 30, 2026, marking a 21.9% decline from ₹9.16 crore in the corresponding period of FY25. The Ahmedabad-based textile manufacturer saw revenue from operations drop 4.5% year-on-year to ₹379.09 crore, reflecting softer demand and higher input costs that squeezed operating margins during the initial quarter of FY26.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 06, 2026, following a meeting held at Shanti Corporate House in Ahmedabad. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors S V J K and Associates, Chartered Accountants, pursuant to Regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Standalone net profit stood at ₹7.05 crore, down 12.8% from ₹8.08 crore in Q1FY25. Consolidated earnings per share (EPS) were ₹0.29, compared to ₹0.44 in the prior year period. Standalone basic EPS was ₹0.28, down from ₹0.39.

Cost of materials consumed rose to ₹34,025.10 lakh from ₹35,874.63 lakh in the standalone books, though this was partially offset by a reduction in inventory changes. Finance costs increased to ₹999.00 lakh from ₹969.76 lakh, adding pressure on the bottom line. Other income dropped significantly to ₹8.81 lakh from ₹1.47 lakh in the prior year, though it remained negligible relative to total income.

What the Numbers Show

The divergence between revenue decline and expense management highlights operational challenges. While total expenses decreased slightly in absolute terms, the cost structure remained rigid relative to sales volume. The share in profit from associates—Chiripal Textile Mills Private Limited, Nandan Industries Private Limited, and Quality Exim Private Limited—contributed ₹10.93 lakh to consolidated profits, down sharply from ₹108.04 lakh in Q1FY25. This nearly 90% drop in associate contributions significantly impacted the consolidated bottom line, suggesting weaker performance across the group’s extended network.

Regulatory and Corporate Updates

The company is currently evaluating the financial implications of the New Labour Codes, which became effective on November 21, 2025. As per disclosures, the impact on employee benefit obligations is not reasonably determinable at this stage, and no adjustments have been made in the current financial results. Additionally, Vishal Fabrics converted 5,00,00,000 compulsorily convertible equity warrants into equity shares during FY25-26 upon receipt of the balance 75% issue price, increasing paid-up capital to ₹12,380.50 lakh.

Vishal Fabrics Limited has announced the availability of its Integrated Annual Report for FY 2025-26 on its official website. The company has communicated this update to shareholders whose email addresses are not registered with the company, its Registrar & Transfer Agent, or Depository Participants, ensuring they can access the financial document through a direct weblink.

The disclosure was made in accordance with Regulation 36(1)(b) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company confirmed that the report is now live and can be downloaded by stakeholders.

Report Access Details

The Integrated Annual Report for FY 2025-26 is available for immediate access. The table below outlines the key details regarding the document's availability:

Shareholders can view the report directly through the official portal. The company has taken steps to ensure that all investors, including those without digital contact information on record, are informed about the publication of this key financial document.

The regulatory filing was submitted to BSE Limited on July 14, 2026. The communication was signed by Brijmohan D. Chiripal, Managing Director of Vishal Fabrics .