Financial Results

Gokaldas Exports Delivers Record Revenue In FY25

Textile Insights May 25, 2025

Gokaldas Exports Ltd reported strong financial performance for the fourth quarter and full fiscal year ended 31st March 2025, marking the highest annual revenue in the company’s history. For Q4FY25, consolidated total income rose 27% year-on-year (YoY) to Rs 1,035 crore, while profit before tax

Financial Results

BSL Reports Rs 667 Cr Revenue, Rs 8.2 Cr Profit In FY25

Textile Insights May 25, 2025

BSL Ltd, a leading integrated textile manufacturer, announced its audited financial results for the fourth quarter and full year ended 31st March, 2025, demonstrating resilience and consistent financial performance amid a challenging market environment. For FY25, the company reported total revenue of Rs 667.1 crore, marginally higher than Rs 666.5 crore in FY24, reflecting

Financial Results

Vishal Fabrics Posts 13% Rise In Profit For FY25

Textile Insights May 25, 2025

Vishal Fabrics Ltd, a leading denim fabric manufacturer and part of the Chiripal Group, announced its audited financial results for the fiscal year ended March 31, 2025, showcasing solid growth despite global challenges. For FY25, the company’s total income increased by 5% to Rs 1,521.43 crore from Rs 1,451.29 crore in the previous year. Net […]

Corporates

Lenzing Secures €545 Mn Loan; Logs Net Profit Of €31.7 Mn In Q12025

Textile Insights May 25, 2025

The Lenzing Group, a global leader in regenerated cellulose fibres for the textile and nonwovens industries, has secured a €545 million syndicated loan to bolster its liquidity ahead of upcoming refinancing needs. The financing includes a €355 million term loan and a €190 million revolving credit facility, both with a three-year maturity and options to […]

Corporates

DigiProd Pass & Digital Architect Sign MoU With BGMEA For Launch Of Digital Product Passport Pilot

Textile Insights May 25, 2025

DigiProd Pass Ltd and Digital Architect have signed a Memorandum of Understanding (MoU) with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to launch a pilot project aimed at implementing blockchain-based Digital Product Passports (DPPs) in Bangladesh’s garment sector. The MoU was signed at the BGMEA Complex in Uttara, Dhaka, by BGMEA Administrator

Corporates

Unifi Sells Madison Facility For US$ 45 Million, Cuts Debt And Streamlines Operations

Textile Insights May 25, 2025

Unifi, Inc., the makers of Repreve and a global leader in recycled and synthetic yarns, has announced the successful sale of its manufacturing facility in Madison, North Carolina, to a third-party buyer for US$ 45 million. The company used US$ 25 million of the proceeds to reduce its term loan and US$ 18.3 million to […]

Sustainability

Standard Textile Releases 2024 Sustainability Report, Commits To SBTi

Textile Insights May 25, 2025

Standard Textile Co., Inc., a global leader in healthcare and hospitality textiles, has released its 2024 Sustainability Impact Report and announced its formal commitment to the Science Based Targets initiative (SBTi). This dual milestone reinforces the company’s dedication to sustainable innovation, operational transparency and climate responsibility. Guided by its

Sustainability

BASF and TrinamiX To Showcase Textile Circularity Solutions At Textiles Recycling Expo 2025

Textile Insights May 25, 2025

BASF SE and its subsidiary TrinamiX GmbH will jointly present innovative solutions for textile sorting and circularity at the upcoming Textiles Recycling Expo, June 4–5, 2025, in Brussels (booth 2341, hall 3). Their collaboration highlights the full spectrum of textile circularity—from precise material identification to high-performance recycled materials. BASF will

Corporates

Kemira Partners with Metsä Group to Develop Sustainable Kuura Textile Fibre

Textile Insights May 22, 2025

Kemira and Metsä Group have joined forces to advance the development of Kuura, a sustainable, European-made lyocell-type textile fibre. Kuura is being developed as a cost-effective and scalable alternative to existing man-made cellulosic fibers (MMCFs), addressing environmental challenges in the textile value chain. Metsä Group is currently conducting a pre-engineering

Cotton

CAI Urges Cotton Traders To Boycott Türkiye Over Anti-India Stance

Textile Insights May 22, 2025

In a strong appeal to the Indian cotton trading community, the Cotton Association of India (CAI) has urged a complete halt to all cotton trade with Türkiye, citing the country’s anti-India stance and its alignment with Pakistan during recent geopolitical tensions. In a circular issued by President Atul S. Ganatra of CAI, the association highlighted […]