Vardhman Polytex revenue drops to ₹236.70 cr for FY26
Annual revenue fell from ₹284.98 cr last year as the company awaits a major debt settlement to reflect on its balance sheet.
— 3 earlier stories on Vardhman Polytex Ltd. →What's new
- Annual revenue contracted to ₹236.70 cr from ₹284.98 cr in the prior year.
- Net profit for the year stands at ₹7.68 cr.
- A ₹300 cr debt settlement write-back will only appear in the June 2026 quarter results.
Why this matters
These results offer a stale view of the company's financial health. The material improvement to the balance sheet from the Phoenix ARC transaction remains hidden until the next reporting period.
What we're watching
- The June 2026 results to see the impact of the ₹300 cr debt write-back.
- Whether top-line growth recovers in the coming quarters.
- Any further updates on the company's deleveraging progress.
The full read
Vardhman Polytex reported annual revenue of ₹236.70 crore for the fiscal year ended March 31, 2026, a decline from the ₹284.98 crore recorded in the previous year. Net profit for the period was ₹7.68 crore. These figures provide a backward-looking snapshot that excludes the company's primary recent development. Management confirmed that a ₹300 crore debt settlement write-back related to the Phoenix ARC transaction is not captured in these year-end financials. That impact will only appear in the June 2026 quarter. Because of this timing, the current results fail to reflect the company's recent deleveraging milestones. The filing also contained standard procedural updates, including the re-appointment of cost auditors. Investors should look to the next quarterly release for a clearer picture of the company's improved balance sheet.
Questions answered
- What was the annual revenue for Vardhman Polytex in FY26?
- The company reported annual revenue of ₹236.70 crore, down from ₹284.98 crore in the previous fiscal year.
- What was the net profit for the fiscal year?
- Net profit for the year ended March 31, 2026, was ₹7.68 crore.
- Why does the company say these results do not reflect its current position?
- Management stated that a ₹300 crore debt settlement write-back from the Phoenix ARC transaction is not included in these figures. This adjustment will be accounted for in the June 2026 quarter.
- Were there any other significant corporate actions in the filing?
- The filing included the routine re-appointment of the company's cost auditors.
Story so far
All notes on VARDMNPOLY →- 29 May 2026 · 4:44 PM IST Vardhman Polytex revenue drops to ₹236.70 cr for FY26
- 1d ago Vardhman Polytex FY26 profit halved. A ₹300 cr settlement now rewrites the story.
- 1d ago Vardhman Polytex posts a full-year loss. The real story is a ₹197 cr hole.
- 1d ago Vardhman Polytex reports FY26 losses with net worth fully eroded