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N R Vandana Tex Industries Limited, established in 1992 in Kolkata, specializes in designing and wholesaling cotton textile products like sarees, salwar suits, and bedsheets under the brands "Vandana" and "Tanaya," operating primarily on a B2B model.
The company clarified its financial results submission following NSE queries. It rectified XBRL filing discrepancies, including an EPS mismatch and revaluation reserve disclosure, ensuring accurate reporting. Also submitted were the working capital certificate and unmodified audit opinion declaration.
NR Vandana Tex Industries' board approved the financial results for the full-year. Consolidated revenue reached ₹304.15 Cr, with a profit of ₹10.52 Cr. The company fully utilized its ₹27.89 Cr IPO funds as planned, primarily for working capital (₹16.28 Cr) and loan repayment (₹5 Cr).