Vardhman Special Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Consistent revenue growth over the last four quarters indicates strong demand in the manufacturing sector.
Improved profit margins reflect efficient cost management and operational efficiencies achieved during the latest quarter.
Strong cash flow generation supports ongoing investments and potential dividend increases.

NEGATIVES

Increasing raw material costs could pressure margins and affect profitability in future quarters.
Recent slowdown in demand from key sectors raises concerns about sustained revenue growth.
Higher debt levels may limit financial flexibility and increase risk exposure in volatile market conditions.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25
Revenue	409.36	415.19	397.40	439.41	414.78	494.82	426.77	428.04
Expenses	380.13	384.06	364.15	390.58	372.42	455.66	391.69	396.60
Operating Profit	29.23	31.13	33.25	48.84	42.36	39.16	35.09	31.44
Other Income	7.24	5.62	8.25	8.71	5.67	9.29	6.97	7.18
Interest	4.21	4.64	4.91	4.66	4.70	5.37	5.09	3.47
Depreciation	7.25	7.31	7.43	8.99	8.29	8.40	8.49	8.29
Profit Before Tax	25.01	24.79	29.16	43.89	35.05	34.69	28.47	26.86
Tax	6.44	6.33	7.36	11.10	8.97	8.86	7.01	7.12
Net Profit	18.57	18.46	21.81	32.79	26.08	25.82	21.46	19.73
Eps in Rs	2.29	2.27	2.68	4	3.20	3.17	2.63	2.42