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Vadilal Industries Ltd share price gained 3.36% to Rs 7579.95 after the company`s net profit soared by 138.63% to Rs 130.91 crore, while revenue from operations increased sharply by 63.54% to Rs 680.06 crore in Q2FY26 over Q1FY26. The market capitalization of Dairy Products industry group stocks on BSE stood at Rs 46116.29 crore, declining 2.62%. It has marginally improved by 4.97% over last one week and soared by 60.20% in last one month while the market capitalization of Vadilal Industries Ltd has inched up 9.27% and 5.20% in the same period respectively. Profit before tax (PBT) of Vadilal Industries Ltd stood at Rs 173.64 crore in Q2 FY26, rallying 95.69% year-on-year, and jumping 136.34% quarter-on-quarter. EBITDA came in at Rs 139 crore, expanding by 43.82% YoY and surging by 77.77% sequentially. Total expenses jumped by 53.60% to Rs 529.23 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 324.3 crore, witnessing a sharp rise of 68.19% YoY, while employee benefits expense was at Rs 45.19 crore, seeing a marginal contraction of 1.09% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 21.19% to Rs 1503.12 crore, while net profit saw a mild growth of 3.18% to Rs 155.11 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 23091% to Rs 227.07 crore, and PBT saw a minor gain of 2.81% to Rs 205.31 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 143.07 crore in FY26, as against Rs 130.02 crore in FY25. Vadilal Industries Ltd jumped 38.30% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 12.76% during the same period.

Vadilal Industries Limited held an Extra-Ordinary General Meeting on October 27, 2026, where shareholders approved the execution of a sale and purchase agreement with Vadilal Enterprises Limited, as an ordinary resolution. The meeting was conducted via Video Conference/Other Audio-Visual Means and included a question-and-answer session, with remote e-voting available from October 24, 2026, to October 26, 2026. The results of the e-voting, along with the scrutinizer`s report, will be disseminated to the BSE and NSE and posted on the company`s website and the stock exchange websites within two working days.

Vadilal Industries Limited informed the National Stock Exchange of India Ltd. and BSE Limited that it has received a certificate from MCS Share Transfer Agent Limited, certifying that securities received for dematerialization were mutilated and canceled after due verification for the quarter ended September 30, 2026.

Vadilal Industries Limited is seeking shareholder approval to renew a distribution agreement with its related party, Vadilal Enterprises Limited (VEL), to ensure the continuity of its business operations. The renewed agreement, valued at approximately Rs 1,426 crore (about $172 million USD), will span 12 months and follows the expiration of the current agreement in September 2026. VEL, in which Vadilal Industries holds 150 shares, is considered a related party due to shared directors and ownership, necessitating shareholder approval under regulations governing related-party transactions. VEL reported a turnover of Rs 1,217 crore and a profit after tax of Rs 10.45 crore in fiscal year 2026, and sales to VEL already totaled approximately Rs 512.99 crore in the current fiscal year’s first quarter. The pricing for products sold under the new agreement will be determined on an arm’s length basis.

Vadilal Industries Limited will convene an Extraordinary General Meeting (EGM) of its members on Tuesday, October 27, 2026, at 11:30 A.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM), according to a regulatory filing with the National Stock Exchange of India Ltd. and BSE Limited on September 30, 2026, with October 20, 2026, set as the record date.