Vardhman Textiles Limited (NSE: VTL) shares closed at ₹402.95 on the National Stock Exchange on January 21, 2026, moving marginally by 0.02% from the previous close. The company’s current market capitalization is approximately ₹11,460 crore.
Latest Quarterly Results
For the quarter ended December 31, 2025, Vardhman Textiles reported consolidated revenue from operations of ₹2,451.91 crore. This represents a 2.0% increase from the ₹2,403.94 crore reported in the same quarter the previous year. Consolidated net profit for the quarter was ₹169.95 crore, a decline of 16.5% from the ₹203.56 crore profit in the year-ago period. The company operates as a single integrated “Textiles” segment.
Financial Trends
The following charts illustrate the company’s recent operational and market performance.
Quarterly Revenue Trend (Q4 FY24 – Q3 FY26)
This chart shows the company’s revenue over the last three reported quarters.
Recent Stock Price Performance
This chart displays the stock’s price movement over a recent period, leading to the current close.
Full-Year Results Context
For the full fiscal year ended March 31, 2025, the company reported audited revenue of ₹9,587.21 crore. This reflects a contraction from the prior fiscal year. Annual net profit for FY25 also showed a contraction compared to FY24.
Business & Operations Update
The company noted in its financial filing that it is closely monitoring recent developments concerning U.S. tariffs on textile imports. It is actively engaging with customers on pricing strategies due to indirect exposure to these measures. The company also implemented new labor codes, recognizing a one-time past service cost of ₹23.80 crore in employee expenses for the quarter.
M&A or Strategic Moves
No new mergers, acquisitions, or major strategic transactions were announced for the quarter.
Equity Analyst Commentary
Analysts note the company’s performance continues to be influenced by the divergence between high domestic cotton prices and lower international benchmarks, which pressures spinning margins. Commentary points to the fabric division’s relatively better performance and the ongoing execution of the company’s significant capital expenditure program as key operational focal points. Institutional research commonly factors in the company’s integrated business model and exposure to global cotton price differentials.
Guidance & Outlook
Management commentary from a prior quarter highlighted that near-term margin improvement is contingent on Indian cotton prices aligning with lower international benchmarks. The company is executing a significant capital expenditure program, with ongoing projects valued at approximately ₹2,800 crore expected to be completed within the calendar year. Market watchers will monitor the impact of U.S. trade policies and domestic raw material costs.
Performance Summary
Vardhman Textiles shares ended virtually unchanged. The company posted a modest year-on-year revenue increase for Q3 FY26, but net profit contracted. The textile manufacturer is navigating a challenging cost environment while proceeding with a multi-year capital investment plan.