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Latest news about Vedant Fashions

Vedant Fashions Appoints Aman Kumar Gupta as Chief Retail Officer 8 days ago

Vedant Fashions Limited, known for its brand Manyavar, has appointed Mr. Aman Kumar Gupta as Chief Retail Officer, effective November 13, 2025. Approved by the Board of Directors, this full-time role will focus on overseeing retail operations, managing international business, and handling strategic activities. The appointment followed a recommendation by the Nomination and Remuneration Committee. Separately, a scheduled Investor/Analyst interaction for November 12, 2025, was cancelled due to official exigencies.

Vedant Fashions Reports 4.6% Growth in Q2 Despite GST Transition Challenges Nov 06, 2025

Vedant Fashions Reports Mixed H1 FY26 Performance: Revenue Up 7.2%, Q2 SSSG Negative Oct 31, 2025

Vedant Fashions Reports Decline in Q2 FY26 Financial Performance Oct 30, 2025

Vedant Fashions Expands Employee Ownership Through Stock Option Allotment Oct 27, 2025

More news about Vedant Fashions

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.