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Vedant Fashions Ltd Q1FY25; 33% fall in Profits

Vedant Fashions Limited caters to the Indian celebration wear market with a diverse portfolio of brands. The company offers its customers a one-stop destination for every celebratory occasion and the largest men’s Indian wedding and celebration wear by revenue.VFL commands a dominant position in conventionally unorganized market segment.

Financial Results:

Vedant Fashions Ltd reported Revenues for Q1FY25 of ₹240.00 Crores down from ₹312.00 Crore year on year, a fall of 23.08%.

Total Expenses for Q1FY25 of ₹178.00 Crores down from ₹202.00 Crores year on year, a fall of 11.88%.

Consolidated Net Profit of ₹62.00 Crores down 32.61% from ₹92.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.57, down 32.19% from ₹3.79 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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