Vedant Fashions Q1 FY27: Steady demand, strong margins, and a tighter focus on execution

Revenue from operations was INR 3,014 million, EBITDA was INR 1,345 million, and PAT was INR 806 million for Q1 FY27.

Domestic same-store sales growth (excluding SIS stores in India and international stores) was about 3.8 percent in Q1 FY27 versus Q1 FY26.

Domestic EBO footprint was 1.67 million sq ft across 501 EBOs in 205 cities and towns, excluding SIS and international stores.

Management cited market shifts and relocations, consolidation to larger nearby stores, and a small number of original site selection mistakes as the key reasons for closures.

Management stated that MBO, SIS and e-commerce together are about 5 percent of revenues currently.

Management stated inventory days were 34 days for the trailing 12 months ended June 2026.