Vardhman Holdings Appoints New Independent Directors and Reports Q1 Results

Vardhman Holdings Limited, a prominent investment company, has made significant moves in its corporate governance and released its financial results for the first quarter.

Board Appointments

The Board of Directors of Vardhman Holdings Limited has appointed two new Independent Directors for a term of three years, effective August 5, 2025, subject to shareholder approval:

Dr. Parampal Singh (DIN: 07995388)
- Holds M.Sc. in Microbiology, MBA in Marketing, and Ph.D. in Marketing
- Over 25 years of teaching experience and 14 years in research
- Currently serves as Head of Department and Professor at Guru Nanak Dev Engineering College, Ludhiana
- Authored over 40 research papers and 15 books in management
Mrs. Anila Nair (DIN: 11225724)
- Master's degree in Economics with UGC-NET qualification
- Over 28 years of teaching experience
- Recognized as one of the "Top 10 Most Influential Educational Leaders 2025"
- Recipient of the Best Principal Award (Regional) in 2022 from Science Olympiad Foundation

Both directors have no pecuniary relationships with other company directors and are not debarred from holding directorial positions.

Q1 Financial Highlights (Standalone)

Vardhman Holdings Limited has reported its unaudited financial results for the quarter ended June 30:

Particulars (in Rs. Crores)	Q1 FY2026	Q1 FY2025	YoY Change
Revenue from Operations	3.41	6.60	-48.33%
Total Income	3.86	7.04	-45.17%
Profit Before Tax	3.54	5.76	-38.54%
Profit After Tax	2.66	4.49	-40.76%
Earnings Per Share (Rs.)	8.36	14.07	-40.58%

The company's revenue from operations decreased by 48.33% year-over-year, primarily due to lower net gains on fair value changes. Despite the decline in revenue, Vardhman Holdings maintained profitability, with a profit after tax of Rs. 2.66 crores for the quarter.

Q1 Financial Highlights (Consolidated)

On a consolidated basis, which includes the company's share in its associates, Vardhman Holdings reported:

Particulars (in Rs. Crores)	Q1 FY2026	Q1 FY2025	YoY Change
Total Income	3.86	7.04	-45.17%
Share of Profit of Associates	59.92	68.64	-12.70%
Profit After Tax	62.58	73.13	-14.43%
Earnings Per Share (Rs.)	196.08	229.14	-14.43%

The consolidated results show a more robust performance, with a significant contribution from the company's associates. Despite a 14.43% year-over-year decrease in consolidated profit after tax, the company maintained strong earnings per share of Rs. 196.08.

Vardhman Holdings Limited continues to focus on its core business as an investment company, with its performance closely tied to the success of its investment portfolio and associated companies. The new board appointments are expected to bring fresh perspectives and expertise to guide the company's future strategies and growth.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.63%	-1.97%	-3.57%	+2.32%	-7.22%	+210.21%

Vardhman Holdings Limited, a prominent investment company, has announced its unaudited financial results for the first quarter, revealing a mixed performance across standalone and consolidated metrics.

Standalone Performance

On a standalone basis, Vardhman Holdings reported:

Total income: Rs. 3.86 crore
Net profit: Rs. 2.66 crore
Total comprehensive income: Rs. 58.66 crore

Consolidated Results

The consolidated performance of Vardhman Holdings showed resilience:

Metric	Amount
Total Comprehensive Income	Rs. 118.57 crore
Profit for the Period	Rs. 62.58 crore
Earnings Per Share	Rs. 196.08

Key Financial Highlights

Revenue from operations stood at Rs. 3.41 crore, primarily driven by net gains on fair value changes amounting to Rs. 3.25 crore.
The company's share of profit from associates was substantial at Rs. 59.92 crore, contributing significantly to the consolidated profit.
Other comprehensive income, including gains on fair valuation of equity instruments, played a crucial role in boosting the total comprehensive income.

Management Commentary

The results were approved by the Board of Directors in their meeting. The statutory auditors have expressed an unmodified conclusion on the financial results, indicating their agreement with the company's financial statements.

Corporate Governance Update

In a separate announcement, Vardhman Holdings informed that its Board of Directors has appointed two new Independent Directors, subject to shareholder approval:

Dr. Parampal Singh (DIN: 07995388) for a term of three years.
Mrs. Anila Nair (DIN: 11225724) for a term of three years.

These appointments are expected to bring diverse expertise to the company's board, with Dr. Singh's background in marketing and academia, and Mrs. Nair's experience in economics and education.

Vardhman Holdings Limited continues to focus on earning income through dividends, interest, and gains on investments. The company's performance reflects the broader market conditions and its strategic investment decisions in the face of economic challenges.