Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
11.92
20.57
43.90
11.32
27.09
11.49
13.09
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
11.92
20.57
43.90
11.32
27.09
11.49
13.09
Raw Material Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.52
0.47
0.37
1.17
0.56
0.32
0.40
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
0.67
4.72
1.23
1.54
1.65
0.66
1.92
Total Expenditure (Excl Depreciation)
1.19
5.19
1.60
2.71
2.21
0.98
2.32
Operating Profit (PBDIT) excl Other Income
10.73
15.38
42.30
8.61
24.88
10.51
10.77
Other Income
1.39
1.38
1.33
1.38
0.94
1.03
1.05
Operating Profit (PBDIT)
12.12
16.76
43.63
9.99
25.82
11.54
11.82
Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
12.12
16.76
43.63
9.99
25.82
11.54
11.82
Depreciation
0.00
0.01
0.00
0.00
0.00
0.00
0.00
Profit Before Tax
61.27
77.45
90.37
39.07
25.82
11.54
11.82
Tax
13.41
14.55
9.19
-1.30
28.05
2.51
3.54
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
-1.29
2.20
34.44
11.29
-2.23
9.03
8.28
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
-1.29
2.20
34.44
11.29
-2.23
9.03
8.28
Share in Profit of Associates
163.70
186.07
124.89
176.34
337.59
45.48
115.33
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
162.41
188.27
159.33
187.63
335.36
54.51
123.61
Equity Capital
3.19
3.19
3.19
3.19
3.19
3.19
3.19
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Diluted Earnings per share
168.28
206.02
167.97
103.68
340.67
137.9
187.97
Operating Profit Margin (Excl OI)
90.02%
74.77%
96.36%
76.06%
91.84%
91.47%
82.28%
Gross Profit Margin
101.68%
81.48%
99.38%
88.25%
95.31%
100.44%
90.3%
PAT Margin
-10.82%
10.7%
78.45%
99.73%
-8.23%
78.59%
63.25%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is -42.05% vs -53.14% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is -13.74% vs 18.16% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is -30.23% vs -63.64% in Dec 2024
Interest
No Interest in the last few periods
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024
Compare Nine Monthly Results Of Vardhman Hold. With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
11.92
423.29
-411.37
-97.18%
Other Operating Income
0.00
0.00
0.00
Total Operating income
11.92
423.29
-411.37
-97.18%
Raw Material Cost
0.00
0.00
0.00
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
Employee Cost
0.52
73.65
-73.13
-99.29%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
6.05
-6.05
-100.00%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
0.67
50.09
-49.42
-98.66%
Total Expenditure (Excl Depreciation)
1.19
129.79
-128.60
-99.08%
Operating Profit (PBDIT) excl Other Income
10.73
293.50
-282.77
-96.34%
Other Income
1.39
0.76
0.63
82.89%
Operating Profit (PBDIT)
12.12
294.26
-282.14
-95.88%
Interest
0.00
178.86
-178.86
-100.00%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
12.12
115.40
-103.28
-89.50%
Depreciation
0.00
7.38
-7.38
-100.00%
Profit Before Tax
61.27
108.02
-46.75
-43.28%
Tax
13.41
27.18
-13.77
-50.66%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
-1.29
80.85
-82.14
-101.60%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
-1.29
80.85
-82.14
-101.60%
Share in Profit of Associates
163.70
0.00
163.70
Minority Interest
0.00
-0.59
0.59
100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
162.41
78.26
84.15
107.53%
Equity Capital
3.19
6.60
-3.41
-51.67%
Face Value
10.00
10.00
0.00
Reserves
0.00
0.00
0.00
Gross Profit Margin
101.68%
27.26%
0.00
74.42%
PAT Margin
-10.82%
19.10%
0.00
-29.92%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 11.92 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -42.05% vs -53.14% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 162.41 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -13.74% vs 18.16% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 10.73 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -30.23% vs -63.64% in Dec 2024
Nine Monthly - Interest
No Interest in the last few periods
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 90.02%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has improved from Dec 2024






