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AlphaStreet Analysis

Vedant Fashions Ltd Q4FY23 results out, Revenue soars by 16%

earnings preview

Vedant Fashions Limited caters to the Indian celebration wear market with a diverse portfolio of brands. The company offers a one-stop destination with a wide spectrum of product offerings for every celebratory occasion to its customers and the largest men’s Indian wedding and celebration wear segment.

  • Vedant Fashions Ltd reported Total revenue for Q4 FY23 of ₹336 Crore, up from ₹289 Crore year on year depicting a growth of 16%.
  • Total Expenses for Q4 FY23 of ₹170 Crore up, from ₹149 Crore year on year, a growth of 14%. 
  • Consolidated Net Profit of ₹107 Crore, up 23% from ₹87 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹4.41, up 22.5% from ₹3.6 in the same quarter of the previous year.
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