Vishal Fabrics Q2 FY27 PAT Increases 21% YoY to ₹10.6 Crore

EBITDA margin improves to 7.9% in Q2, while the company appoints Ravindra Bajranglal Bajaj as its new Chief Executive Officer.

Vishal Fabrics Limited (VFL) reported a 21% year-on-year increase in Profit After Tax (PAT) to ₹10.6 crore for the second quarter of FY27, compared with ₹8.8 crore in Q2 FY26. The company also recorded an improvement in its EBITDA margin to 7.9% from 6.8% in the corresponding quarter of the previous fiscal year.

Revenue from Operations stood at ₹366.3 crore in Q2 FY27, compared with ₹433.1 crore in Q2 FY26.

First-Half FY27 Financial Performance

For the half year ended 30 September 2026, Vishal Fabrics reported a 5% increase in PAT to ₹17.7 crore, compared with ₹16.9 crore in H1 FY26.

The company's EBITDA margin improved to 7.4% from 7.0% in the corresponding period last year. Revenue from Operations for the first half stood at ₹745.4 crore, compared with ₹830.3 crore in H1 FY26.

Management Commentary

Commenting on the financial performance, Dharmesh Dattani, Chief Financial Officer of 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.”

Ravindra Bajranglal Bajaj Appointed CEO

The Board of Directors approved the appointment of Ravindra Bajranglal Bajaj as Chief Executive Officer, effective 3 November 2026.

Bajaj has served as Whole-Time Director of the company since May 2019 and brings approximately 36 years of experience across the textile value chain. His experience includes cotton and synthetic yarn spinning, fabric production, knitted apparel and plant operations.