Ahmedabad, November 05th, 2026: Vishal Fabrics Limited (VFL) today announced its financial results for the second quarter and first half year ended September 30, 2026. The Company reported Profit After Tax (PAT) of ₹10.6 crore in Q2 FY27 as against ₹8.8 crore in Q2 FY26, rising 21% YoY. EBITDA margin for Q2 FY27 improved to 7.9% from 6.8% in the same period of last fiscal. Revenue from Operations stood at ₹366.3 crore compared to ₹433.1 crore in Q2 FY26.
For the first half year ended September 30, 2026, PAT rose by 5% to ₹17.7 crore compared to ₹16.9 crore in H1 FY26. EBITDA margin for the first half stood at 7.4% versus 7.0%, while Revenue from Operations stood at ₹745.4 crore compared to ₹830.3 crore in the same period of last fiscal.
Commenting on the performance, Mr. Dharmesh Dattani, Chief Financial Officer – Vishal Fabrics Limited, said, "Sustained focus on efficiency and cost discipline was the key trigger behind a 21% rise in our PAT this quarter. Our operating margin expanded by over 100 basis points to 7.9%, reflecting tighter raw material management and a leaner cost structure. Despite a softer demand environment, we chose to prioritise quality of earnings over volume. In the second half of FY27, we will continue to focus on operational efficiency, value-added product offerings and new geographies for growth, deepening our presence in Latin America, Europe, Africa and Bangladesh. We remain bullish on the long-term opportunity for the Indian textile industry and are well-positioned to deliver sustainable value to our shareholders."
The Board also approved the appointment of Mr. Ravindra Bajranglal Bajaj as Chief Executive Officer, effective November 3, 2026. Mr. Bajaj has served as Whole-Time Director of the Company since May 2019 and brings around 36 years of experience across the textile value chain, including spinning of cotton and synthetic yarns, fabric production, knitted apparel and plant operations.
