Vedant Fashions Q4 Results: Manyavar parent posts 13% profit growth; dividend declared

Vedant Fashionsreported a steady performance for the fourth quarter of FY26 on May 8, supported by growth in revenue and profitability despite a marginal decline in operating margins.

The company posted a consolidated net profit of ₹114.3 crore for the quarter ended March, up 13.2% from ₹101 crore in the corresponding period last year.

Revenue from operations rose 8.7% year-on-year to ₹399.4 crore compared with ₹367.4 crore a year earlier, reflecting continued demand momentum in the ethnic wear segment.

Operating performance also remained stable during the quarter. EBITDA increased 8% to ₹178.8 crore from ₹165.7 crore in the year-ago period.

However, EBITDA margin moderated marginally to 44.7% from 45.1% last year.

The board of directors recommended a final dividend of ₹7.75 per fully paid-up equity share of face value ₹1 each for FY26, subject to shareholder approval at the company’s upcoming annual general meeting.

Following the earnings announcement, shares of Vedant Fashions climbed to an intraday high of ₹460 on the NSE before trimming some gains to trade at ₹450.75, up around 1% in afternoon trade.

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Vedant Fashions is best known for its flagship ethnic wear brand Manyavar and operates across men’s and women’s celebration wear categories through brands such as Mohey, Mebaz and Twamev, catering to wedding and festive apparel demand across India and overseas markets.