Corporates

Lokpriya Spinning Mills Completes A Year Of Crafting High Quality SIRO & Compact Yarns With LMW’s Smart Machines

Textile Insights February 3, 2025

LMW is proud to be a key partner in the success of Lokpriya Spinning Mills, a venture by APL CORPORATION PVT LTD, as they commemorate their first anniversary. Over the past year, Lokpriya Spinning Mills has been dedicated to manufacturing high quality SIRO and Compact Viscose Yarns, powered by

Financial Results

Raymond Lifestyle Posts 2% Revenue Growth In Q3 FY25

Textile Insights February 3, 2025

Raymond Lifestyle Limited has announced its unaudited financial results for Q3 FY25, reporting a total income of Rs 1,796 crore, a 2% YoY growth despite subdued market sentiment. EBITDA stood at Rs 221 crore, with an EBITDA margin of 12.3%, impacted by weaker consumer demand and increased investments in retail expansion. Key Financial Highlights (Q3 […]

Financial Results

Welspun Living Continues Strong Growth With Sustainable Expansion In Q3FY25

Textile Insights February 3, 2025

Welspun Living Ltd., a global leader in home textiles and part of the US$ 3.6 billion Welspun Group, has announced its Q3FY25 financial results, showcasing a robust performance driven by sustainable business practices and innovation. The company reported a 3% year-on-year growth in consolidated revenue, reaching Rs 25,277 million for Q3FY25, while year-to-date (YTD)

Corporates

Andritz Installs reXline Tearing System At AITEX To Advance Textile Recycling

Textile Insights February 3, 2025

International technology group Andritz has successfully supplied and commissioned a state-of-the-art reXline tearing installation at AITEX, one of Europe’s leading textile research and development centers, based in Alicante, Spain. This customized system is set to enhance AITEX’s capabilities for textile recycling trials and expand its portfolio of innovative recycling

Corporates

PDS Expands Manufacturing Footprint In India

Textile Insights February 3, 2025

PDS has achieved a significant milestone in its expansion strategy with the acquisition of a 55% stake in Knit Gallery India Pvt Ltd (KGIPL), enhancing its sourcing footprint and leveraging India’s strategic role in the global textile and fashion industry. Knit Gallery, established in 2001, is a Tirupur-based manufacturer and exporter specializing in high-quality apparel,

Financial Results

Sportking India Reports Steady Growth In Q3 FY25 With Record Exports

Textile Insights January 29, 2025

Sportking India Limited, one of India’s prominent textile conglomerates, has announced its financial results for the third quarter (Q3) and nine months ending December 31, 2024. The company delivered steady growth in revenue, achieved its highest-ever quarterly exports, and reported improved margins across all fronts on a yearly basis. For Q3 FY25, Sportking reported

Event

GTTES 2025: A Global Platform for Textile Innovation & Collaboration

Textile Insights January 29, 2025

The Indian International Textile Machinery Exhibitions Society (India ITME Society) is set to make waves in the textile industry once again with the third edition of the Global Textile Technology & Engineering Show (GTTES 2025). Scheduled to take place from February 21-23, 2025, at the Bombay Exhibition Centre, Mumbai, this landmark event promises to be […]

Financial Results

Trident Reports Rs 1,678 Cr Revenue In Q3 FY25

Textile Insights January 29, 2025

The company is boosting sustainability with renewable energy projects Trident Limited, one of India’s largest vertically integrated manufacturers of textiles, paper, and chemicals, announced its financial results for the quarter ending December 31, 2024. The company demonstrated its commitment to sustainable manufacturing and fiscal responsibility while delivering steady

Financial Results

Siyaram Reports Strong Q3 FY25 Results With Expansion Plans

Textile Insights January 29, 2025

Siyaram Silk Mills Ltd., one of India’s leading producers of blended high-fashion fabrics, garments, and apparel, has announced its financial results for the third quarter (Q3) and the nine months ending December 31, 2024. The company reported strong performance in Q3 FY25, highlighting both revenue growth and ongoing expansion plans that signal a promising future. […]

Financial Results

Rieter Sees 34% Surge In Order Intake Despite Sales Decline In 2024

Textile Insights January 29, 2025

Rieter recorded a significant 34% increase in order intake, reaching CHF 725.5 million in 2024, marking four consecutive quarters of year-on-year growth. However, total sales declined by 39% to CHF 859.1 million, primarily due to lower volumes in the Machines & Systems Division. The Machines & Systems Division saw the sharpest decline, with sales falling […]