Vardhman Textiles Limited on Thursday announced its September quarter results (Q2 FY ’26), reporting a 5% year-on-year drop in net profit to Rs. 187.76 crore (US $ 21.37 million), down from Rs. 197.29 crore (US $ 22.46 million) in the same period last year. Revenue for the quarter also edged lower, slipping 1% to Rs. 2,480 crore (US $ 282 million) from Rs. 2,502.4 crore (US $ 284 million) in Q2 FY ’25, according to the company’s stock exchange filing.
Despite the modest decline in revenue, operating performance showed improvement, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising 6% to Rs. 334 crore (US $ 38.02 million). The company’s EBITDA margin expanded to 13.5%, up from 12.6% in the year-ago period, representing a gain of 90 basis points.
The Chandigarh-based company said it has limited direct exposure to the US market but continues to serve a number of US-based brands indirectly. The textile segment recorded muted growth during the quarter, while exports accounted for 43% of total sales in FY ’25.
Vardhman Textiles is a vertically integrated manufacturer producing a wide range of products, including yarn, fabric, sewing threads, and garments. The company operates multiple manufacturing facilities across India and maintains a significant presence in global export markets.
Bharat Tex Special Report 2026 
