Financial Results

PDS Ltd Posts Growth Of 24% In Revenue And 34% In PAT In Q1 FY25

Textile Insights July 29, 2024

PDS Ltd, a global fashion solutions and infrastructure company, announced its financial results for Q1 FY25. The company offers customized solutions to global brands and retailers, including product development, sourcing, manufacturing, and brand management. The company recorded a 28% increase

Financial Results

Go Fashion Posts Significant Growth In Q1 FY25

Textile Insights July 29, 2024

Go Fashion (India) Ltd, a leading women’s bottom-wear brand in India, has announced its unaudited financial results for Q1 FY25, showcasing significant growth across key metrics. The company reported total revenue of Rs 220.1 crore, a 16% increase from Q1 FY24. Gross profit rose by 17% to Rs 136.0 crore, with a gross profit margin […]

Financial Results

Fineotex Raises Rs 342.5 Crores Via Equity And Warrants

Textile Insights July 25, 2024

Fineotex Chemical, a leading specialty chemical manufacturer, announces the successful fund raising of Rs 342.5 crores through a preferential allotment of equity shares and convertible warrants. The fund-raising was executed in two distinct phases: Phase I: The Company allotted 970,000 equity shares at an issue price of Rs 346 per share, aggregating to Rs 33.56 […]

Financial Results

Trident Ltd Reports 19.1% Profit Drop In Q1FY25

Textile Insights July 25, 2024

Trident Ltd., reported a 19.1% decline in its consolidated profit after tax, totaling Rs. 73.89 crore for the first quarter of FY25. This is down from Rs. 91.34 crore in the same quarter last year, according to a regulatory filing. Despite the drop in profit, the company’s revenue from operations increased by 16.66% to Rs. […]

Financial Results

Welspun Living Sees 17% Revenue Growth In Q1FY25

Textile Insights July 25, 2024

Welspun Living Ltd., a global leader in home textiles and part of the US$ 3.6 billion Welspun Group, announced its Q1FY25 results, showcasing robust performance despite global challenges. The company reported a total income of Rs. 25,885 million for Q1FY25, a 17% year-on-year (YoY) increase. The company’s EBITDA rose by 15.2% YoY to Rs. 3,935 […]

Financial Results

Sportking India Q1 FY25: Revenue Up 17.7%, PAT Jumps 75%

Textile Insights July 22, 2024

Sportking India Limited, a leading textile company in India, has announced strong financial results for Q1 FY25, ending 30th June 2024. The company reported a revenue of Rs. 634.0 crores, reflecting a 17.7% year-over-year (YoY) increase and a 3.7% rise quarter-over-quarter (QoQ). EBITDA surged by 48.3% YoY to Rs. 73.8 crores, with the EBITDA margin […]

Financial Results

Rieter Group Reports Strong H1 2024 Order Intake

July 18, 2024

In the first half of 2024, Rieter Group achieved a significant order intake of CHF 403.4 million, marking a 24% increase compared to the same period last year. However, sales declined to CHF 421.0 million, down 44% from the previous year, as anticipated. Amid a challenging business environment, Rieter maintained a 2.1% EBIT margin through […]

Financial Results

Inditex Q12024: Strong Operating Performance

July 9, 2024

Inditex’s robust operating performance in Q12024 is attributed to the creativity of its teams and the effective execution of its integrated business model. The Spring/Summer collections were well received, leading to a 7.1% sales increase, reaching €8.2 billion. Sales in constant currency grew by 10.6%. Gross profit rose by 7.3% to €4.9 billion, with a […]

Financial Results

H&M Group Reports Strong Q2 Performance With 52% Increase In Profit

June 30, 2024

The H&M Group has reported a robust performance in the second quarter of 2024, with net sales increasing by 3% to SEK 59,605 million and gross profit rising by 11% to SEK 33,569 million. The company’s gross margin improved to 56.3% from 52.7% in the same period last year. Operating profit surged to SEK 7,098 […]

Financial Results

Vipul Organics Sees Bright Future Amid Sectoral Growth: Vipul Shah

May 31, 2024

Vipul Organics Limited, a leading specialty chemicals company in the pigments and dyes segment, has announced its annual results for FY24 with impressive growth and promising outlooks across various fronts. Total revenues for FY24 reached Rs. 15,099.30 lakhs, up by 12.68% from the previous fiscal year. Profit Before Tax (PBT) surged by 68.87% on a […]