Vaxfab Enterprises Limited , a textile trading company based in Ahmedabad, has reported a significant net loss of ₹224.99 crore for the quarter ended September 30, 2025 (Q2 FY26). This marks a stark contrast to the profit of ₹38.73 crore recorded in the previous quarter. The financial results, approved by the company's board on November 13, 2025, reveal a complex picture of the company's performance.

Revenue Growth Amidst Losses

Despite the substantial loss, Vaxfab Enterprises saw a notable increase in its total income. The company's revenue from operations surged to ₹5,504.09 crore in Q2 FY26, compared to ₹1,457.08 crore in the previous quarter. This significant jump in revenue indicates a considerable expansion in business activity during the period.

Financial Highlights

Operational Challenges

The dramatic shift from profit to loss can be attributed to a substantial increase in expenses. The company's total expenses for Q2 FY26 stood at ₹5,432.00 crore, a significant rise from ₹1,343.78 crore in the previous quarter. This surge in expenses outpaced the growth in revenue, leading to the reported loss.

Inventory and Trade Receivables

Vaxfab Enterprises reported a substantial increase in inventories, rising to ₹8,238.19 crore as of September 30, 2025, compared to ₹6,627.27 crore at the end of the previous financial year. This increase in inventory levels may indicate challenges in sales conversion or a strategic build-up for anticipated future demand.

Cash Flow and Liquidity

The company's cash and cash equivalents stood at ₹121.96 crore at the end of Q2 FY26, showing an improvement from ₹24.35 crore at the end of the previous financial year. This increase in liquidity may provide some cushion as the company navigates through its current operational challenges.

Market Position and Outlook

While the loss is concerning, the substantial increase in revenue suggests that Vaxfab Enterprises is expanding its market presence in the textile trading sector. However, the company will need to address its rising expenses and operational inefficiencies to return to profitability.

The board of directors and management will likely focus on cost optimization strategies and improving operational efficiency in the coming quarters. Investors and market analysts will be closely watching how the company manages its inventory levels and converts its increased revenue into profitability.

As Vaxfab Enterprises continues to operate in the dynamic textile trading industry, its ability to balance growth with profitability will be crucial for its future performance and market position.

Vaxfab Enterprises Limited has announced the resignation of its Company Secretary and Compliance Officer, Mrs. Julee Akash Shah, citing personal reasons. The company is listed on both the BSE and Calcutta Stock Exchange.

Key Details of the Resignation

Company's Response

Vaxfab Enterprises Limited has accepted Mrs. Shah's resignation. The company made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Official Statement

In her resignation letter, Mrs. Shah stated, "I hereby tender my resignation as Company Secretary and Compliance officer of the Company with effect from Closing working hours on November 03, 2025 to pursue an alternate career opportunities outside the Organization." She also confirmed that there were no other material reasons for her resignation beyond those provided.

Regulatory Compliance

The company has duly informed both the BSE Limited and The Calcutta Stock Exchange Limited about this development. The details of the resignation have been provided as per the requirements of SEBI Listing Regulations, 2015 and SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Impact and Next Steps

Vaxfab Enterprises Limited has not provided any information regarding a successor or interim arrangement for the position. Stakeholders and investors may want to monitor future announcements regarding the appointment of a new Company Secretary and Compliance Officer.

This change in management underscores the importance of maintaining strong corporate governance and ensuring smooth transitions in key positions for listed companies.