Vedant Fashions Limited — Investor Meet, 19-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Vedant Fashions' Q3 FY26 revenue hit ₹492 Cr, with PAT at ₹135 Cr. 9-month revenue grew 1.7% to ₹1,036 Cr, with SSSG at 1.8%. Gross margin remained strong at ~66%. Performance was hit by fewer wedding dates in Dec/Jan and soft middle-class consumer sentiment. A GST hike also impacted margins, though normalization is expected. Premium brand Twamev shines with 40% growth and 16% YTD SSSG. The company focuses on retail quality; store expansion, paused for strategic consolidation, should normalize in 2-3 quarters. Management is confident in its long-term strategy and improving demand.