Vardhman Polytex Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, alongside the re-appointment of M/s Ramanath Iyer & Co. as Cost Auditor for the financial year 2026-27. The company reported a quarterly revenue from operations of Rs. 64.85 Crores, representing a 28.16% increase compared to the previous quarter (Rs. 50.60 Crores), although this reflects a 20.14% decrease compared to the corresponding quarter of the previous year (Rs. 81.20 Crores). Net profit after tax for the current quarter stood at Rs. 0.50 Crores, demonstrating a 131.50% improvement QoQ from Rs. 0.21 Crores, while marking a 67.01% decline compared to the same quarter last year (Rs. 1.50 Crores).

Vardhman Polytex Limited is an Oswal Group company primarily engaged in the business of textiles and real estate. Headquartered in Ludhiana, Punjab, the company operates within these segments, providing segment reporting disclosures as required by IND-AS 108. The management maintains that the company is an operative entity and has prepared its financial statements on a “Going Concern” basis, notwithstanding the full erosion of its net worth.