Corporates

Turkey’s Sanko Group To Invest US$ 300 Million In Bangladesh Textile Facility

Textile Insights August 3, 2026

Turkish textile major Sanko Group has announced plans to invest US$ 300 million in a modern integrated textile manufacturing facility at the Mirsarai Industrial Zone in Bangladesh, marking one of the latest major foreign direct investments in the country’s textile sector. The investment

Corporates

Lohia Corp Lists At 8% Premium On BSE, Gains Further In Early Trade

Textile Insights August 3, 2026

Lohia Corp Ltd., a manufacturer of machinery for the HDPE and PP woven fabric industry, made a strong stock market debut on July 30, listing at Rs 460 per share on the BSE, an 8.24 per cent premium over its issue price of Rs 425. Following the listing, the stock gained further momentum and was […]

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 US$ 900 million, while adjusted EBIT fell to US$ […]

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 […]