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Latest news about Vedant Fashions

Vedant Fashions Reports Q3 FY26 Financial Results with Global Retail Expansion 3 hrs ago Today

Vedant Fashions Limited reported Q3 FY26 revenue of ₹4,917 mn versus ₹5,113 mn in Q3 FY25, while nine-month revenue improved to ₹10,361 mn from ₹10,190 mn. The company expanded its retail footprint to 1.79 mn sq ft across 664 EBOs globally, including 16 international stores. Despite revenue challenges in Q3, the company maintained strong margins with gross margin at 67.3% and EBITDA margin at 47.4%, supported by its diversified brand portfolio including Manyavar, Mohey, Twamev, Diwas, and Mebaz.

Vedant Fashions Schedules Board Meeting and Investor Call for Q3FY26 Results 7 days ago

Vedant Fashions Pays ₹50,000 Compounding Fee to Resolve Legal Metrology Department Notice Jan 12, 2026

Vedant Fashions Faces GST Recovery Order of ₹10.39 Crore Dec 01, 2025

Vedant Fashions Appoints Aman Kumar Gupta as Chief Retail Officer Nov 13, 2025

More news about Vedant Fashions

06Nov 25

Vedant Fashions Reports 4.6% Growth in Q2 Despite GST Transition Challenges

Vedant Fashions, known for brands like Manyavar and Mohey, achieved 4.6% growth in Q2 customer sales, reaching INR 3,494.00 million, despite GST rate rationalization disruptions. H1 customer sales increased by 13.8% to INR 7,551.00 million. Revenue from operations for Q2 was INR 263.00 crores, with H1 showing a 7.2% YoY increase to INR 544.00 crores. The company maintained growth despite operational challenges, including system realignments affecting dispatches for 15-20 days. Store expansion was modest, with the company focusing on strategic openings and rationalizing underperforming locations. Regional performance improved, particularly in Andhra Pradesh and Telangana. Brand strategies were adjusted, with Mohey expanding beyond bridal wear and Twamev performing well in the bridge-to-luxury market.

31Oct 25

Vedant Fashions Reports Mixed H1 FY26 Performance: Revenue Up 7.2%, Q2 SSSG Negative

Vedant Fashions Limited, known for brands like Manyavar and Mohey, reported a 7.2% increase in H1 FY26 revenue and 13.8% growth in retail sales. Q2 FY26 saw slower growth with retail sales up 4.6% and negative 2.0% same-store sales growth. The company maintained strong profitability with gross margins of 66.10% in H1 FY26. Vedant Fashions expanded to 1.79 million sq. ft. of retail space across 671 outlets in 257 cities globally.

30Oct 25

Vedant Fashions Reports Decline in Q2 FY26 Financial Performance

Vedant Fashions Limited, known for its Manyavar brand, reported a decline in financial performance for Q2 FY26. Revenue decreased by 1.79% to ₹2,631.53 crore, while EBITDA fell by 9.54% to ₹1,103.03 crore. The EBITDA margin contracted to 42.10% from 45.54%. Net profit saw the most significant drop, falling 16.18% to ₹560.81 crore compared to the same quarter last year.

27Oct 25

Vedant Fashions Expands Employee Ownership Through Stock Option Allotment

Vedant Fashions Limited, known for its brand Manyavar, has allotted 11,681 equity shares under its VFL Employee Stock Option Scheme 2018 - Scheme Pratham. The allotment, approved by the Nomination & Remuneration Committee on October 27, 2025, slightly increased the company's paid-up share capital from 24,29,57,104 to 24,29,68,785 shares. This move aims to enhance employee ownership and engagement with minimal dilution to existing shareholders.

24Sept 25

Vedant Fashions Pays ₹50,000 Compounding Fee for Legal Metrology Act Violation

Vedant Fashions, known for its brand Manyavar, paid a ₹50,000 compounding fee to settle a violation of the Legal Metrology Act, 2009. The company received a Show Cause Notice from the Department of Legal Metrology in Agra, Uttar Pradesh, citing non-compliance issues with product packaging at a retail outlet. The violations included lack of prescribed blank space for Net Quantity declaration and absence of manufacturing or packing date on a Kurta product. Vedant Fashions promptly addressed the issue, paid the fee, and informed the Authority. The company stated that there is no other financial or operational impact beyond the compounding fee.

07Aug 25

Vedant Fashions Reports 17% Revenue Growth in Q1, Driven by Wedding Season Rebound

Vedant Fashions, India's leading wedding wear company, reported strong Q1 results with revenue up 17.2% YoY to Rs 281.00 crores. Customer sales grew 23% YoY, while same-store sales increased 17.6%. The company saw a 12.4% rise in Profit After Tax to Rs 70.00 crores. Performance was attributed to enhanced customer experience, retail training, and data-driven strategies. Andhra Pradesh and Telangana regions led growth, with the company's retail network now at 1.78 million square feet globally. Marketing expenses increased to 5.6% of revenue. Brand-specific initiatives for Manyavar, Mohey, Twamev, and Diwas contributed to growth. Despite weak consumer sentiment in the mid-premium industry, Vedant Fashions remains confident in its long-term growth strategy.

30Jul 25

Vedant Fashions Reports 17.2% Revenue Growth in Q1 with Strong Retail Performance

Vedant Fashions Limited, the company behind Manyavar, reported robust Q1 results. Revenue increased by 17.2% to ₹2,812.00 million, with retail sales growing 23.2%. Profit after tax rose 12.4% to ₹703.00 million. The company maintained a 66.9% gross margin and 43.2% EBITDA margin. Vedant Fashions now operates 684 exclusive brand outlets across 256 cities globally, including 14 international stores, with a total retail footprint of 1.78 million square feet. The company has solidified its position as the largest player in India's men's Indian wedding and celebration wear market.

24Jul 25

Vedant Fashions Pays ₹50,000 Compounding Fee for Legal Metrology Violation

Vedant Fashions Limited, the company behind Manyavar, has paid a ₹50,000 compounding fee to the Department of Legal Metrology in Bangalore. The violation was for failing to disclose manufacturing, packaging, or importing dates on its products, contravening Section 48 of the Legal Metrology Act, 2009. The company promptly paid the fee on June 26, 2023, and stated that there is no other financial or operational impact beyond the penalty amount. Vedant Fashions has informed the stock exchanges about this development in compliance with SEBI regulations.

06May 25

Vedant Fashions: Q4 Profit Drops 12.6%, Stock Tumbles 5%, Dividend Declared

Vedant Fashions released its Q4 FY2024 results, showing a 12.6% decline in net profit to ₹101.00 crore, while revenue remained flat at ₹367.40 crore. EBITDA fell 5.3% to ₹165.33 crore, with the EBITDA margin contracting to 45.00%. The company proposed a final dividend of ₹8.00 per share. Following the results, the stock fell over 5%, reflecting investor concerns about declining profitability.

29Apr 25

Vedant Fashions to Unveil Q4 and FY2025 Results on May 6

Vedant Fashions Limited, owner of the Manyavar brand, will conduct a board meeting on May 6, 2025, to approve Q4 and FY2025 financial results. The agenda includes reviewing audited financial statements, considering a final dividend, and examining auditor's reports. This meeting is crucial for investors seeking insights into the company's annual performance.