Veekayem Fashion Approves Audited Financial Results for Half Year Ending March 31, 2026
Veekayem Fashion and Apparels Limited announced on May 30, 2026, that its Board of Directors approved the standalone and consolidated audited financial results for the half year and financial year ended March 31, 2026. The Board’s review also noted and approved the independent auditors' report, which conveyed an unmodified opinion on the financial statements.The company also reported that the trading window for trading in its securities by insiders would open 48 hours following the declaration of the financial results.
Financial Performance Summary
The company released comprehensive audited financial reports covering the period.Standalone Financial Results (R In Lakhs)
The Standalone Audited Statement of Financial Results shows the following revenue and profit figures for the period ended March 31, 2026:
| Particulars | Half year ended March 31, 2026 | For the Year ended March 31, 2026 |
|---|---|---|
| Total Revenue (I+II) | 26,696.52 | 36,592.53 |
| Total expenses | 25,712.25 | 35,171.36 |
| Profit before tax | 984.27 | 1,421.17 |
| Profit for year | 677.30 | 1,002.47 |
| Earnings Per Share (Diluted) | 11.36 | 16.63 |
The standalone audited cash flow statement highlighted significant movements across operating, investing, and financing activities.
| Activities | For the Year ended March 31, 2026 | For the Year ended March 31, 2025 |
|---|---|---|
| Net Cash from Operating Activities | (488.34) | 340.30 |
| Net Cash used in Investing Activities | (1,772.91) | (910.24) |
| Net Cash generated from Financing Activities | 2,254.05 | 1,264.16 |
| Net Change in Cash and Cash Equivalents | (7.20) | 13.64 |
Consolidated Financial Results (R In Lakhs)
The consolidated results for the half year and year ended March 31, 2026, included the results of Veekayem Fashion and Apparels Limited (The Holding Company) and its subsidiary, Veekayem Retail Private Limited.
| Particulars | Half year ended March 31, 2026 | For the Year ended March 31, 2026 |
|---|---|---|
| Total Revenue (I+II) | 26,696.52 | 36,592.53 |
| Profit before tax | 984.27 | 1,421.17 |
| Profit for year | 677.30 | 1,002.47 |
| Earnings Per Share (Diluted) | 11.36 | 16.63 |
Balance Sheet Status (As of March 31, 2026)
The audited Balance Sheet data provides the company's financial position:
| Category | Details | As at March 31, 2026 |
|---|---|---|
| Equity and Liabilities (Standalone) | Total | 29,106.5 |
| Assets (Standalone) | Total | 29,106.5 |
| Equity and Liabilities (Consolidated) | Total | 29,106.4 |
| Assets (Consolidated) | Total | 29,106.4 |
Issue Proceeds Utilization
The company also issued a certificate detailing the utilization of issue proceeds as of March 31, 2026. The total proceeds amounted to 2,041.26 Lakhs, which were fully utilized across two objectives:| Object of Issue | Amount Disclosed in Offer Document | Amount Utilized till March 31, 2026 | Amount Un-utilized till March 31, 2026 |
|---|---|---|---|
| Working Capital | 1735.07 | 1735.07 | 0 |
| General Corporate Purpose | 306.19 | 306.19 | 0 |
| Total | 2041.26 | 2041.26 | 0 |
VEEKAYEM Stock Price Movement
On Friday, Veekayem Fashion and Apparels Limited shares gained 2.47%, closing at ₹145 after rallying from its opening levels. The stock recorded a total traded volume of 2,000 shares, helping the equity settle near its day's high mark.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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