📉 Vadilal ke Q3 Results: Kya Hua?
Sabse pehle standalone numbers dekhte hain. Q3 FY26 mein Vadilal Industries ko ₹14.28 Crore ka net loss after tax hua hai. Yaar, pichhle saal isi quarter mein ₹7.47 Crore ka profit tha! Iska matlab standalone EPS bhi negative ho gaya, (₹19.87) par pahunch gaya, jo pichhle saal ke ₹10.39 se kaafi neeche hai.
Ab consolidated picture dekhte hain. Yahan revenue toh 16.76% badhkar ₹238.02 Crore ho gaya, jo ek achhi baat hai. Lekin yahan bhi company ₹0.15 Crore ka loss report kar rahi hai, janta ki pichhle saal ke ₹11.93 Crore ke profit ke muqable. Consolidated EPS bhi negative ho gaya, (₹0.22) par aa gaya, jabki pehle ₹16.60 tha.
Agar 9 mahine (9MFY26) ki baat karein, toh standalone profit 44.81% gir kar ₹52.33 Crore ho gaya, jabki revenue 4.14% badhkar ₹811.99 Crore hua. Consolidated mein bhi profit 21.88% gir kar ₹100.25 Crore par aaya, revenue 12.62% badhkar ₹1,085.23 Crore hua.
Quality aur Reasons:
Company ne bataya ki standalone revenue Q3 mein 3.31% kam ho gaya YoY. Expenses dono standalone aur consolidated level par badhi hain. Sabse bada reason 'other income' mein hui badi kami hai, jo dono segments ki profitability ko affect kar rahi hai.
Extra Expenses & Big Moves:
Ek aur cheez, company ne ₹4.18 Crore ka incremental employee benefit expense book kiya hai. Yeh expense India mein aaye naye Labour Codes ki wajah se hai. Aur ek bada announcement yeh hai ki Vadilal Industries ke Board of Directors ne teen promoter group companies (Vadilal Finance Company Private Limited, Veronica Constructions Private Limited, aur Vadilal International Private Limited) ko Vadilal Industries mein merge karne ki approval de di hai. Is scheme par ab stock exchanges se approval milegi.
Outlook Kya Hai?
Management ne abhi koi forward-looking guidance nahi di hai, toh aage ka scene filhaal uncertain lag raha hai. Standalone profitability mein itni badi girawat aur loss mein aana, operational efficiency par sawaal khada karta hai. Investors abhi iss amalgamation plan par nazar rakhenge aur dekhenge ki company ke financial structure par iska kya asar padta hai. Ice cream aur frozen foods sector mein competition bhi ek bada challenge bana hua hai.