| Metric | Value (₹ Cr) | Q4 FY26 | Q1 FY26 |
|---|---|---|---|
| Revenue | 60.75 | 6.3% | 2.0% |
| Total Income | 68.91 | 3.9% | 8.9% |
| Expenditure | 67.28 | 2.8% | 6.7% |
| PBT | 311.19 | 35158.3% | 159894.9% |
| Net Profit | 311.19 | 35158.3% | 159894.9% |
| OPM | 100.00% | 97.41pp | 97.21pp |
| NPM | 100.00% | 98.67pp | 99.69pp |
| EPS | 6.44 | 32100.0% |
Core revenue grew just 2% YoY and operating income (TotalInc-Expenses) was barely ~₹1.6 Cr, so the reported PBT of ₹311 Cr is almost entirely a one-off non-operating gain against a near-zero base last year, making the headline PAT surge non-indicative of underlying textile business strength.
Vardhman Polytex Reports 757% YoY Profit Growth, ₹309.55 Cr Debt Settlement Gain
11 Aug 2026 · 11 Aug, 9:40 am
Summary
Vardhman Polytex Limited reported a significant improvement in its financial performance for the quarter ended June 30, 2026, with profit surging 757% year-over-year to ₹1.63 Crore from ₹0.19 Crore in the prior year period. On a sequential basis, profit grew by approximately 85% to ₹1.63 Crore from ₹0.88 Crore in the previous quarter. A substantial ₹309.55 Crore exceptional gain was recognized from the full and final settlement of debt with Phoenix ARC, strengthening the company's financial position. Management highlighted these developments as key milestones in the company's financial consolidation journey, providing a stronger foundation for sustainable growth.
Key Highlights
- 1
Profit increased to ₹1.63 Crore in June 2026, compared with ₹0.19 Crore in June 2025, representing approximately 757% YoY growth.
- 2
Profit increased by approximately 85% QoQ from ₹0.88 Crore in March 2026 to ₹1.63 Crore in June 2026.
- 3
The company recognized an exceptional gain of ₹309.55 Crore following the successful full and final settlement of its outstanding debt with Phoenix ARC.
- 4
Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹75 Crores were allotted and listed on BSE Limited on April 6, 2026.
- 5
Optionally Convertible Debentures (OCDs) aggregating to ₹15 Crores were allotted on May 18, 2026, with proceeds used to fully repay debt owed to Phoenix ARC.
- 6
The company continues to pursue monetisation of approximately 26 Acres 6 Kanals 9 Marlas of land at its Ludhiana Unit as part of its asset optimisation strategy.
Management Comments
Adish Oswal
The significant improvement in our profitability, with strong YoY and sequential growth, together with the successful resolution of the Phoenix ARC debt, represents an important milestone in Vardhman Polytex Limited’s financial consolidation journey. The ₹309.55 Crore exceptional gain and strengthening of our financial position provide a stronger foundation for sustainable growth and long-term value creation for our shareholders and stakeholders.
Informational and educational content only. Not investment advice.