VEDANT FASHIONS LIMITED

During the Q1 FY'27 earnings conference call, Vedant Fashions Limited reported retail sales of INR 4,195 million, reflecting a growth of 3.4% year-over-year. The company achieved revenue from operations of approximately INR 3,014 million, a 7.2% increase compared to the same quarter last year. Management highlighted a domestic same-store sales growth of 3.8% and emphasized their focus on customer engagement and marketing initiatives, including a successful campaign featuring celebrities. The company maintained a gross margin of 65.7% and an EBITDA margin of 44.6%, with a profit after tax of INR 81 crores, marking a 14.7% growth. Management discussed strategic store closures and openings, indicating a focus on enhancing store productivity and addressing market shifts. They expressed confidence in their operational strengths and marketing strategies to drive future growth, particularly in the second half of the financial year.

Management expressed confidence in growth strategies and operational strengths.