India's Vedant Fashions slides nearly 6% on earnings decline

Vedant Fashions

06/05/2025 09:52

** Shares of Vedant Fashions Ltd VEDN.NS fall 5.9% to 743.10 rupees

** Manyavar ethnic wear retailer reports ~13% decline in Q4 profit after raw material costs rise by nearly a fifth

** VEDN reports its second profit decline in last four quarters

** Stock was down 2.6% before reporting results

** VEDN down 42% so far this year

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))