VIP Clothing
reports a strong performance for Q1 FY26, reflecting the success of our ongoing
transformation initiatives and effective strategic execution. Revenue for the
quarter grew impressively by 30.6% year-on-year, reaching ₹654.5M, as compared
to ₹501.2M in Q1 FY25. Our EBITDA for the quarter surged to ₹62.5M,
representing a substantial increase of 122.4% over the same period last year,
when it stood at ₹28.1M. The EBITDA margin improved to 9.5%, underscoring the
positive impact of disciplined cost control measures and enhanced operational
efficiencies. PAT also recorded a significant rise, reaching ₹22.2M in Q1 FY26,
up from ₹2.3M in Q1 FY25 PAT margins stood at 3.4% for Q1 FY26. This
performance reaffirms our commitment to driving profitable growth and long-term
value creation.
As part of our
premiumization strategy, we extended our flagship men’s innerwear brand with
the launch of the Frenchie X collection in Kerala. After successful rollouts in
Mumbai, Pune, Goa, and Delhi, this expansion brought Frenchie X to over 140
outlets nationwide, including 40+ stores across Kochi, Kozhikode,
Thiruvananthapuram, and key tier-II towns. Designed with cutting-edge fabrics,
moisture-wicking finishes, and futuristic waistbands, Frenchie X meets the
demand for high-performance innerwear suited to India’s climate and lifestyle.
Building on this
product-led momentum, we introduced the Yuwa Series our youthcentric innerwear
line designed specifically for Gen Z and millennial consumers. With bold
designs, expressive colors, and premium comfort, products like Maxer, Azure,
Ascent, Univo, and the newly launched One Up cater to a generation that values
individuality and authenticity. The Yuwa Series marks an important step in
revitalizing the VIP brand and extending its appeal to younger audiences. It
plays a critical role in our long-term vision to expand our demographic reach
and reposition VIP Clothing as a modern, lifestyle-driven brand rooted in
comfort and confidence.
To support both
premiumization and youth engagement, our aggressive digital transformation has
redefined how consumers access our products. Through strategic partnerships
with Blinkit, Swiggy Instamart, and Zepto, we’ve made our flagship brands
available within minutes to customers in major cities and emerging markets.
These alliances reduce traditional overheads, unlock real-time consumer
insights, and improve delivery speed making our operations leaner and more
agile. Our Q-commerce integration is not just a distribution tool; it's a
future-forward retail strategy that puts us in step with evolving consumer behaviors
and solidifies our position as a digitally enabled brand for the modern Indian
shopper.
Looking ahead, our
company is confident in its strategic direction and committed to sustainable,
innovation-driven growth. We will continue to invest in product development,
expand our Omni channel presence, and deepen consumer engagement across
geographies. With a strengthened financial foundation, sharper market focus,
and futureready brand portfolio, we are poised to unlock new opportunities and
drive long-term value for our stakeholders. We remain focused on our mission to
make VIP Clothing a trusted, premium, and progressive lifestyle brand for every
Indian.