Vardhman Textiles Limited has released its earnings presentation for the third quarter and nine months ended December 31, 2025. The company reported a revenue from operations of ₹2,452 crore for Q3 FY26, marking a 2% year-on-year increase from ₹2,404 crore in Q3 FY25. However, Profit After Tax (PAT) saw a decline of 17% to ₹170 crore, compared to ₹204 crore in the same period last year. For the nine-month period ended December 31, 2025, revenue grew by 1% to ₹7,212 crore, while PAT decreased by 14% to ₹561 crore. The company's EBITDA for Q3 FY26 stood at ₹360 crore, a 6% decrease from ₹383 crore in Q3 FY25, with the EBITDA margin contracting by 126 basis points to 14.2%. The decrease in PAT is partly attributed to an increase of ₹23.58 crore in employee benefit expenses due to the implementation of new Labour Codes. Vardhman Textiles, a vertically integrated textile manufacturer with over USD 1 billion in turnover, highlighted its capacity expansions. The yarn segment completed an expansion of approximately 15,600 spindles in H1 FY26 and has an upcoming open-end project of 6,624 rotors. Processed fabric capacity is set to increase by 31 million meters annually, with commercial production expected by Q4 FY26. Additionally, a new capacity of 18 million meters annually for Vardhman Performance Fabric (Synthetic Woven) is also expected to commence production by Q4 FY26. The company has announced a total capex of ₹3,535 crore, with green capex expected to be completed by FY27. The financial highlights also show a Net Worth of ₹9,578 crore as of March 31, 2025, and a Total Debt of ₹1,238 crore. The company maintained a Return on Capital Employed (RoCE) of 11% and Return on Equity (ROE) of 9% for FY25.
