Financial Results

Industry Recovery Boosts Margins Amid Global Challenges: Riju Jhunjhunwala

Textile Insights August 14, 2024

RSWM Ltd., one of India’s largest manufacturers of value-added synthetic, mélange, blended spun yarns, denim fabric, knitted fabric and green polyester fibres, has announced its unaudited financial results for Q1 FY25, ending on June 30, 2024. Financial Highlights for Q1 FY25 (Rs in cr.):

Financial Results

Sutlej Textiles Reports Stable Q1, Wins Industry Awards

Textile Insights August 14, 2024

Sutlej Textiles and Industries Ltd has announced its financial results for the quarter ending June 30, 2024. For Q1FY25, the standalone total income remained stable at Rs 659 crore, consistent with Q4FY24, and down 0% from FY24. EBITDA was Rs 26 crore, with a margin of 4.0%, up from Rs 17 crore and 2.6% in […]

Financial Results

Banswara Syntex’s Fabric Revenue Up, Yarn and Garment Revenue Down

Textile Insights August 14, 2024

Banswara Syntex Ltd reported a total income of Rs 275 crore for the quarter, with an EBITDA of Rs 17 crore, PBDT of Rs 13 crore and a PAT of Rs 1 crore. The Yarn division’s revenue fell to Rs 100 crore, while the Fabric division saw an increase to Rs 113 crore. In contrast, […]

Financial Results

Grasim’s Consolidated Revenue Grows 9% In Q1FY25

Textile Insights August 14, 2024

Grasim Industries Ltd reported its financial results for the quarter ended 30th June 2024. The company’s consolidated revenue reached Rs 33,861 cr., marking a 9% increase YoY, driven by strong performance across its diversified business portfolio, including cellulosic staple fibre, building materials and financial services. Key Financial Metrics: Consolidated Revenue: Rs

Financial Results

Arvind Ltd Announces Robust Q1 FY25 Results Despite Setbacks

Textile Insights July 30, 2024

Arvind Limited today reported its financial results for Q1 FY25, demonstrating resilience despite external challenges. Key Financials: Revenue: Rs 1,831 Cr (YoY Change: -1%) EBITDA: Rs 150 Cr (YoY Change: -17%; Margin: 8.2%) PAT: Rs 39 Cr (YoY Change: -40%) The financial performance was notably impacted by the National general election and an illegal workers’ […]

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 in Gross Merchandise Value (GMV) to Rs 3,898 crore, translating to a 24% rise in

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 […]