Vishal Fabrics Limited (VFL) has reported higher profits for the second quarter and first half of FY27. The company recorded a 21% year-on-year (YoY) increase in Profit After Tax (PAT) for Q2 FY27. However, revenue declined during the same period.
Vishal Fabrics Q2 FY27 Financial Performance
For the quarter ended September 30, 2026, Vishal Fabrics reported a PAT of ₹10.6 crore. This compares with ₹8.8 crore in Q2 FY26.
Additionally, the company’s EBITDA margin improved to 7.9% from 6.8% in the previous year. This growth reflects better cost control and improved operational efficiency.
However, Revenue from Operations stood at ₹366.3 crore, compared with ₹433.1 crore in Q2 FY26.
First Half FY27 Results
During the first half of FY27, Vishal Fabrics recorded a 5% increase in PAT to ₹17.7 crore. In comparison, PAT stood at ₹16.9 crore in H1 FY26.
Similarly, EBITDA margin improved to 7.4% from 7.0%. Meanwhile, Revenue from Operations reached ₹745.4 crore, compared with ₹830.3 crore in the same period last year.
CFO Highlights Focus on Cost Control and Growth
Commenting on the results, Mr. 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 as CEO
In another key development, the Board approved the appointment of Mr. Ravindra Bajranglal Bajaj as Chief Executive Officer (CEO). His appointment took effect on November 3, 2026.
Mr. Bajaj has served as the company’s Whole-Time Director since May 2019. He brings around 36 years of experience across the textile value chain.
His experience includes cotton and synthetic yarn spinning, fabric production, knitted apparel and plant operations.
With this appointment, Vishal Fabrics continues to focus on operational efficiency and value-added products. The company also plans to expand its presence in new markets.