Financial Results

Sabic Reports Q2 Loss Of US$ 100 Million Amid Market Headwinds

Textile Insights August 3, 2026

Saudi petrochemical major Sabic reported a net loss of US$ 100 million in the second quarter of 2026, citing the impact of regional geopolitical tensions, supply chain disruptions and elevated energy costs. Revenue declined 5 per cent year-on-year to US$ 6.62 billion. Adjusted EBITDA stood at

Financial Results

Vedant Fashions Reports 15% Rise In Q1 FY27 Profit, Retail Sales Grow 3.4%

Textile Insights August 3, 2026

Vedant Fashions Ltd, the owner of ethnic wear brands including Manyavar, reported a steady performance in the first quarter of FY27, driven by growth in retail sales, same-store sales and profitability. The company recorded a 7.2 per cent year-on-year increase in revenue from operations to Rs 301.4 crore in Q1 FY27, compared to Rs 281.2 […]

Financial Results

Garment Mantra’s Export Order Book Reaches Rs 230 Crore

Textile Insights August 3, 2026

Garment Mantra Lifestyle Ltd reported strong growth in the first quarter of FY27, supported by robust domestic demand and a growing export business. The company posted consolidated revenue of Rs 61.97 crore during Q1 FY27, registering a year-on-year growth of 66.77 per cent. EBITDA stood at Rs 4.40 crore, up 5.27 per cent from the […]

Financial Results

GHCL Textiles Reports Strong Q1 FY27 Growth; PAT Jumps 191%

Textile Insights August 3, 2026

GHCL Textiles reported a strong financial performance for the first quarter of FY27, driven by growth in value-added products, operational efficiencies and expanding vertical integration. The company’s standalone revenue rose 52 per cent year-on-year to Rs 410 crore in Q1 FY27, compared to Rs 270 crore in the corresponding quarter last year. EBITDA increased 116 […]

Financial Results

Maral Overseas Returns To Profit In Q1 FY27; PAT At Rs 5.98 Crore

Textile Insights August 3, 2026

Maral Overseas Ltd reported a turnaround in the first quarter of FY27, posting a net profit of Rs 5.98 crore compared to a net loss of Rs 12.57 crore in the corresponding quarter last year. Revenue from operations rose 16.7 percent year-on-year to Rs 263.21 crore for the quarter ended June 30, 2026, while total […]

Financial Results

Raymond Lifestyle Q1 Income Up 6%; Garmenting Business Grows 50%

Textile Insights August 3, 2026

Raymond Lifestyle Limited reported a 6 percent year-on-year rise in total income to Rs 1,560 crore for the first quarter ended June 30, 2026, supported by premiumisation in its domestic business and a strong recovery in garment exports. EBITDA increased 11 percent to Rs 135 crore, while EBITDA margin improved to 8.6 percent from the […]

Financial Results

Filatex Unveils Rs 690 Crore Growth Plan, Bets Big On Circular Polyester Recycling

Textile Insights August 3, 2026

Filatex India has unveiled an ambitious Rs690 crore growth and transformation roadmap under its Tomorrow – Vision 2028 strategy, aimed at strengthening its core polyester filament yarn (PFY) business while establishing a leadership position in textile-to-textile recycling and sustainable manufacturing. The investment programme comprises five strategic projects expected to

Financial Results

Ginni Filaments Q1 Profit Rises 25%; Approves Subsidiary In South Africa

Textile Insights August 3, 2026

Ginni Filaments Ltd reported improved profitability for the first quarter ended June 30, 2026, while also approving the incorporation of a wholly-owned subsidiary in South Africa to strengthen its consumer products business. The company recorded revenue from operations of Rs 102.89 crore during Q1 FY27, compared to Rs 101.54 crore in the corresponding quarter last […]

Financial Results

Siyaram Silk Mills Reports 16.4% Revenue Growth In Q1 FY27

Textile Insights August 3, 2026

Siyaram Silk Mills Ltd., one of India’s leading producers of blended fashion fabrics and apparel, reported a strong performance for the first quarter of FY27, with growth in revenue, profitability and retail expansion. The company’s standalone total income rose 16.4 per cent year-on-year to Rs 466 crore in Q1 FY27, compared to Rs 400 crore […]

Industry

Maharashtra’s 24 Textile PLI Firms Invest Rs 167.5 Crore, Generate 904 Jobs

Textile Insights August 3, 2026

Twenty-four companies from Maharashtra approved under the Government of India’s Production Linked Incentive (PLI) Scheme for Textiles have invested Rs 167.51 crore, generated a turnover of Rs 177.75 crore and created 904 jobs as of March 31, 2026, the Centre informed parliament. In a written reply in the Lok Sabha, Minister of State for Textiles […]