Earnings Call Transcript
VTM Ltd. Earnings Call: PAT Falls on US Tariff Discounts and Provisions
Transcript of VTM Ltd.'s Jun 8, 2026 earnings call: FY26 revenue up ~8% while PAT fell to ₹11 crore (≈‑75% YoY) due to US tariff discounts (~₹20cr), chargebacks (~₹8cr), gratuity provisioning, and forex MTM loss (~₹2.3cr); backlog $6.5m; capex complete; guidance +10–15% sales and 10–11% EBITDA target.




