Interim report
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QP Wanyavar February 12, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C-1, Block-G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai - 400051 Mumbai -400001 NSE Symbol: MANYAVAR BSE Scrip Code: 543463 Sub: Outcome of Board Meeting closure Requirements) Regulations, 2015, as amended (“Listing Regulations”) Dear Sir / Madam, In continuation of our letter dated February 05, 2026, we hereby inform you that the Board of Directors of the Company at its meeting held today, i.e., Thursday, February 12, 2026, has, inter-alia considered and approved the following: Approval of the Unaudited Financial Results for the quarter and nine-months ended December 31, 2025 Pursuant to Regulation 33 of the Listing Regulations, the Board of Directors has approved the Unaudited Financial Resdilts of the Company for the quarter and nine-months ended December 31, 2025. A copy of the Financial Results along with the Limited Review Report issued by the Statutory Auditors of the Company, namely M/s B S R & Co. LLP, Chartered Accountants, is enclosed herewith. The captioned Board Meeting commenced at 3.30 p.m. and concluded at 05:25 p.m. The aforesaid financial results are also being uploaded on the Company’s website (www.vedantfashions.com). We request you to take the above information on record and disseminate the same on your respective websites. Thankyou. For, Vedant Fashions Limited Navin Pareek Company Secretary and Compliance Officer MembershipNo.: F10672 Encl - As above Vedant Fashions Limited Registered Office: 19, Canal South Road, Paridhan Garment Park, SDF-1. 4 Floor, A501-AS02, Kolkata: 700015, Phone: +91 3361255353 Email: info@vedantfashions com | Website: wiww.vedantfashions.com | CIN: L51311WB2002PLC094677
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Godrej Waterside, Unit No. 603 B S R & Co. LLP 6th Floor, Tower 1, Plot No 5, Block - DP Sector V, Salt Lake, Kolkata — 700091 Chartered Accountants Tel: +91 33 4035 4200 Fax: +91 33 4035 4295 Limited Review Report on unaudited financial results of Vedant Fashions Limited for the quarter ended 31 December 2025 and year to date results for the period from 01 April 2025 to 31 December 2025 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Vedant Fashions Limited 1. We have reviewed the accompanying Statement of unaudited financial resuits of Vedant Fashions Limited (hereinafter referred to as “the Company”) for the quarter ended 31 December 2025 and year to date results for the period from 01 April 2025 to 31 December 2025 (‘the Statement”). 2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (‘Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘Listing Regulations”). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. ForBSR& Co.LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Sw N\'Dl\r\flk - Seema Mohnot Partner Kolkata Membership No.: 060715 12 February 2026 UDIN:26060715IFIAIF6356 Regstersd Offce: 85 R & Co (a parnrship fm vih Registaton No_ BAG1229) convertedinlo 8 S R & Co LLP (2 141 Floor, Genral B Wing and North Wing, Nesco I Park 4, Nesco Cimied Uity Parinershi wih LLP Regisuaion No. AAB-a181) win efecfom Ccabar 14, 2013 Cantr, Westem Exaress Hghviay, Goregaon (Sas), Mumbai - 400083 Page 1 of 1
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Vedant Fashions Limited CIN: L51311WB2002PLC094677 Paridhan Garment Park, 19, Canal South Road, SDF-1, 4th Floor, AS01-A502, Kolkata - 700015, West Bengal, India Statement of Profit and Loss for the quarter and nine months ended December 31,2025 (All amounts are in INR Million, unless otherwise stated] Tarticulars “Three months ended Nine months ended Year ended ‘December 31, 2025 ‘September 30, 2025 December 31, 2024 December 31, 2025 December 31, 2024 March 31,2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income: 1 |Revenue from operations 4917.00 263153 511280 1036052 1019047 1386483 1t |Other income 21439 1915 239 7182 63100 85157 1t [Total income (1+11) 513148 2830.68 5374 1023 1052147 1471640 IV |Expenses: (@ |Cost of materials consumed - Raw materials 43609 29356 43396 9659 110472 158484 - Accessories & packing materials 5193 3879 5631 129.10 12842 17774 (©) |Purchases of stock-in-trade. 887.35 43971 102671 1,685.65 181999 255249 (@) |Changes in inventories of inished goods, stock-in-trade and work-in-progress 99.05 585) (104.13) 21614 (36242)| (©23.9%) () [Employee benefits expense (Refer note 4) 18311 16492 15379 50371 #4452 597.99 (@) |Finance costs 14026 14965 13945 612 41585 552,08 (® | Depreciation and amortisation expense #4210 41694 39126 125684 113599 153061 (@) |Other expenses 107862 61252 110426 236462 225647 314963 Total expenses (V) 331851 209024 3221.61 7,553.87 697354 957184 V' [Profit before tax (MI-1V) 181297 740,44 211513 347847 3347.93 51969 VI |Tax expense: Current tax 7832 18580 530.39 93264 92829 126098 Deferred tax a4.37) (©17) 499 (©657) 4597 926 Total Tax expense (V1) 463,95 179.63 535.38 86.07 97426 131024 VI [Profit for the period/year (V-V1) 134902 56081 157975 261240 2873.67 388472 VIII Other Comprehensive income/(loss) ()| Item that will not be reclassified to profit or loss 2) Re-measurement gain / (loss) on defined benefit obligations 243 ©74) (.29) 095 388) (2.95) (b) Income tax effect on above en) 018 3 ©24) 098 074 (i) Item that will be reclassified to profit or loss. (@) Fair value changes in debt instruments through other comprehensive income / (loss) az1s) 856 @.9) 135 4.92) @3 (b) Income tax effect on above 432 15) 12,06 ©31) 627 060 [Other comprehensive income/(l0ss) for the period/year, net of tax ) 585 36.89) 17 @155) G98) IX | Total comprehensive income for the period/year 1337.98 566.66 154291 261012 285212 388074 Paid-up equity share capital (face value of INR 1 each)(Refer Note 2) 2297 229 w9 297 w9 2294 Other Equity - - - - - 17,6216 X [Eamings per equily share (EPS) (Face vatue of share of INK 1 cach)” Basic (in INR per share) 555 231 650 1075 18 1599 Diluted (in INR per share) 555 231 650 1075 182 15.98
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N - Notes - In terms of Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, this statement of Unaudited Financials Results of the Company for the quarter and nine ‘months ended December 31, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 12, 2026. During the nine months ended December 31, 2025, 29,094 equity shares were issued to employees of the Company against stock options exercised by them, ‘The Company has only one reportable segment - ‘Branded Fashion apparel and accessories”. On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. Based on information available, the Company has assessed and recognised the incremental impact of these changes aggregating to Rs. 16.17 millions under “Employee benefits expense” in the statement of profit and loss for the quarter and nine months ended December 31, 2025. The Company confinues to ‘monitor further developments, including the finalisation of Central /State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as necessary. ‘The Company does not have any investments in subsidiary /associate/ joint venture as on December 31, 2025 and thus consolidated financial results are not applicable Place: Kolkata Date: February 12,2026 Ravi Modi Chairman and Managing Director DIN:: 00361853