Financial Results

Grasim Industries Reports Marginal Decline In Profits For Q2 FY2024

Textile Insights November 19, 2023

Grasim Industries Limited, a leading player in the textile industry, has announced its consolidated financial results for the quarter ended September 30, 2023, showcasing key insights into the company’s performance. The company’s total income for Q2 FY2024 stood at Rs 30,505.27

Financial Results

Vipul Organics Posts Robust Results For Q2 FY2023-24

Textile Insights November 19, 2023

Vipul Organics Ltd, the leading specialty chemicals company in the pigments and dyes segment, has announced its Quarter 2 results for FY2023-24. Some of the key highlights on a standalone basis include: In Q2 of 2023-24, the company recorded total revenues of Rs 3,660.19 lakh, marking a marginal 1% increase from Q1 of the same […]

Financial Results

Page Industries Q2 Net Profit Drops 7.3% To Rs 150.27 Crore

Textile Insights November 19, 2023

Bengaluru-based apparel manufacturer, Page Industries Ltd (PIL), reported a 7.3% decline in its net profit, totaling Rs 150.27 crore in the second quarter ending September 2023. This dip is attributed to reduced sales volume and value, compared to the Rs 162.12 crore profit posted during the same period last year, as per a filing from […]

Financial Results

HP Cotton Textile Mill Posts Turnaround In H1FY’24 Net Profit

Textile Insights November 6, 2023

Manufacturer of cotton yarns and sewing threads, HP Cotton Textile Mills reported a turnaround in net profit by posting a profit in the first six months of fiscal 2024 ending September 2023. The Haryana based company recorded a net profit of Rs 4.41 crores between April and September 2023, as compared to a loss of […]

Financial Results

Gokaldas Exports Q2 Revenues Fall, Expects Recovery In H2

Textile Insights November 5, 2023

Gokaldas Exports has released its financial results for the quarter ending on September 30. The company reported consolidated revenue of Rs 509 crore for the quarter, a decline from Rs 576.3 crore in the same quarter last year. Additionally, the consolidated profit before tax for this quarter was Rs 29.3 crore, down from Rs 49 […]

Financial Results

Andritz Posts Robust Q3 2023 Results With 11% Revenue Growth

Textile Insights November 5, 2023

Andritz, the international technology group, has reported strong financial results for the third quarter of 2023. Compared to Q3 2022, the company’s revenue increased by 11%, net income saw a 27% boost, and EBITA rose by 16%. However, the order intake was lower than the previous year due to the absence of large orders, but […]

Financial Results

Oerlikon Group Faces Headwinds In Sales & Margins For Q3 2023

Textile Insights November 5, 2023

Oerlikon Group recently released its Q3 2023 financial results, revealing headwinds in sales and margins due to challenging market conditions. During the third quarter, Oerlikon Group experienced a 25.8% drop in order intake to CHF 567 million, mainly attributed to a slump in demand in the polymer processing solutions segment. Sales also declined by 15.9% […]

Financial Results

Q2FY’24 Net Profit At Denim Maker Arvind Plunges 36%

Textile Insights November 2, 2023

Net profit at India’s biggest denim fabric manufacturer, Arvind Ltd plunged 36 percent year on year to Rs. 84.02 crore in the second fiscal quarter ending September 30, 2023 The Sanjay Lalbhai led company recorded operational revenue at Rs 1,921.73 crore in the quarter under review, down 11.43 percent as against Rs 2,169.81 crore in […]

Financial Results

Q2FY’24 Net Profit At Reliance Industries Shoots Up 29.9%

Textile Insights October 31, 2023

Net profit shot up 29.9 percent in the second fiscal quarter ended September 30, 2023 at Reliance Industries Ltd (RIL). However, gross revenues grew marginally by just 1.2 percent, both over a year ago quarter. In the three months to September 2023, net profit at Mukesh Ambani led RIL surged to Rs 19,878 crore, up […]

Financial Results

Century Textiles Reports Q2 Net Loss Of Rs 30 Crore

Textile Insights October 29, 2023

Century Textiles and Industries Limited recently reported its financial results for the quarter ending in September. Unfortunately, the company faced a challenging quarter, reporting a net loss of Rs 30 crore ($4.2 million) in contrast to a net profit of Rs 72 crore during the same period in the previous year. The total income for […]