Ice cream and frozen dessert maker Vadilal Industries Ltd reported a 50% sequential decline in consolidated net profit to ₹33.42 crore for the quarter ended September 30, 2025, compared with ₹66.98 crore in the preceding quarter. On a year-on-year basis, profit fell 14% from ₹38.98 crore in the same period last year, the company said in a regulatory filing.
Revenue from operations stood at ₹341.30 crore, marking a 15.5% YoY increase from ₹295.51 crore in Q2 FY25. However, revenue declined 32.6% sequentially from ₹505.91 crore in Q1 FY26, reflecting the seasonal slowdown in ice cream sales following the summer peak.
The company’s total income for the quarter rose to ₹348.62 crore from ₹300.92 crore a year earlier, while total expenses increased to ₹305.45 crore, up from ₹249.04 crore in the same quarter last year.
Profit before tax came in at ₹43.17 crore, down sharply from ₹88.73 crore in the June quarter and ₹51.88 crore in the year-ago period.
For the first half of FY26, Vadilal Industries posted a net profit of ₹100.40 crore, compared to ₹116.40 crore in H1 FY25. Total income during the six months stood at ₹859.05 crore, representing a 12% year-over-year increase from ₹769.32 crore.
Despite seasonal moderation, the company maintained double-digit annual revenue growth, driven by sustained demand for its frozen desserts and expansion of its distribution network.