Mumbai (Maharashtra) [India], November 4: Vishal Fabrics Limited, a textile manufacturing company, reported a nearly 21% year-on-year increase in standalone net profit to ₹10.63 crore for the second quarter ended September 30, 2026, reflecting improved profitability despite a decline in revenue.
The company’s standalone revenue from operations stood at ₹366.33 crore during Q2 FY27, while profit before tax reached ₹13.17 crore. Earnings per share (EPS) stood at ₹0.43.
On a consolidated basis, Vishal Fabrics reported a net profit of ₹11.57 crore, registering approximately 20.8% growth compared with ₹9.58 crore in the corresponding quarter last year. Consolidated profit also surged around 61% sequentially from ₹7.16 crore in Q1 FY27.
1 November 2026
Get the latest issue of Outlook Business
The company’s consolidated operating profit increased approximately 10.2% year-on-year and 38.3% quarter-on-quarter, indicating an improvement in operational profitability.
For the first half of FY27, Vishal Fabrics reported standalone net profit of ₹17.67 crore on revenue from operations of ₹745.41 crore.
Meanwhile, the company’s board approved the unaudited financial results and announced the appointment of Ravindra Bajranglal Bajaj as Chief Executive Officer, effective November 3, 2026, following the resignation of Suketu Shah.
Past performance does not guarantee future returns.
Disclaimer: The information provided in this article is for informational and educational purposes only. It does not constitute financial, legal, or investment advice. Readers should not rely on this content to make investment decisions. We strongly recommend consulting with a licensed financial advisor or conducting your own due diligence before making any financial commitments.
