How did Vadilal Dairy perform in FY26 compared to FY25?

Revenue declined to ₹24.17 crore from ₹26.63 crore. However, the net loss narrowed slightly to ₹0.68 crore from ₹0.89 crore.

What drove the quarterly profit in Q4?

The company recorded a profit of ₹2.13 crore in Q4, which is consistent with the seasonal nature of the ice cream industry.

Did the auditors raise any concerns?

No. The statutory auditors issued an unmodified opinion on the financial statements.

Were there any major corporate changes?

The board approved the appointment of an internal auditor as part of its standard annual disclosures.

Earnings · Consumer Goods

Vadilal Dairy revenue slips to ₹24.17 crore in FY26

The ice cream maker narrowed its annual net loss to ₹0.68 crore as seasonal Q4 profits offset earlier losses.

— 2 earlier stories on Vadilal Dairy International Ltd. →

VADILAL DAIR 27 May 2026 · 1:22 PM IST Verify on BSE · NSE

₹24.17 cr FY26 revenue from operations

What's new

Revenue fell from ₹26.63 crore in FY25 to ₹24.17 crore in FY26.
Net loss narrowed to ₹0.68 crore from ₹0.89 crore in the prior year.
Q4 profit of ₹2.13 crore followed a loss in Q3, reflecting seasonal ice cream demand.

Why this matters

These results follow the standard seasonal cycle for an ice cream business. The narrowing loss provides a modest improvement, but the top-line contraction indicates a stagnant growth profile for this nano-cap entity.

What we're watching

Whether the company can return to revenue growth in FY27.
The impact of the newly appointed internal auditor on governance.
Seasonal performance in the upcoming Q1 results.

The full read

Vadilal Dairy International reported ₹24.17 crore in revenue for FY26, down from the ₹26.63 crore recorded in FY25. Despite this top-line contraction, the company managed to narrow its net loss to ₹0.68 crore from ₹0.89 crore in the previous year.

Seasonal cycles dictate these results. A ₹2.13 crore profit in Q4 offset losses from earlier in the year, consistent with the ice cream industry's typical demand patterns. The statutory auditors provided an unmodified opinion, and the board moved to appoint an internal auditor.

Growth is absent. For a nano-cap company, the primary question remains whether it can break this cycle of revenue stagnation in the coming fiscal year.

Questions answered

How did Vadilal Dairy perform in FY26 compared to FY25?: Revenue declined to ₹24.17 crore from ₹26.63 crore. However, the net loss narrowed slightly to ₹0.68 crore from ₹0.89 crore.
What drove the quarterly profit in Q4?: The company recorded a profit of ₹2.13 crore in Q4, which is consistent with the seasonal nature of the ice cream industry.
Did the auditors raise any concerns?: No. The statutory auditors issued an unmodified opinion on the financial statements.
Were there any major corporate changes?: The board approved the appointment of an internal auditor as part of its standard annual disclosures.

Mentioned: Vadilal Dairy International Ltd.

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on VADILAL DAIR →

27 May 2026 · 1:22 PM IST Vadilal Dairy revenue slips to ₹24.17 crore in FY26
today Vadilal Dairy International reports routine FY26 results
today Vadilal Dairy revenue slips as annual losses narrow