Financial Results

Net Loss Rises Higher At HP Cotton Textile Mills In Q4FY’24

Textile Insights May 15, 2024

Net loss rose higher at HP Cotton Textile Mills to Rs 3.84 crore in the fourth fiscal quarter ending March 31, 2024, up 40.89 percent as against net loss of 2.27 crore in the same quarter of earlier fiscal The company reported total income of Rs 19.68 crores during the period ending March 31,

Financial Results

Siyaram Silk Mills Resilient In Q4FY24 Despite Challenges

May 15, 2024

Textile Giant Expands Retail Footprint, Announces Dividend Siyaram Silk Mills Ltd., a leading producer of high-fashion textiles, has released its financial results for the fourth quarter and fiscal year ending March 31, 2024. Despite facing challenges in consumer demand and market conditions, the company has reported a steady performance. In Q4FY24, Siyaram Silk Mills

Financial Results

Vardhman Textiles Net Profit Soars 26% In Q4 Of Fiscal 2024

Textile Insights May 14, 2024

Net profit at Ludhiana based Vardhman Textiles soared 26 percent to Rs 201 crore in the fourth quarter ended March 31, compared to Rs 159 crore in the comparable period of earlier fiscal. Revenue in the January to March 2024 period dropped marginally by one percent to Rs 2,459 crore, as against Rs 2,485 crore […]

Financial Results

Net Profits Of Pak Listed Textile Companies Drop 64.2% In Q1

Textile Insights May 13, 2024

The stress on Pakistan’s Karachi Stock Exchange (KSE) listed textile and garment manufacturing companies continued into the first quarter of 2024 as the sector grappled with various challenges. So, while the KSE-100 Index broke all previous records, KSE listed textile and apparel sector companies posted a 64.2 percent year on year drop in net profits […]

Financial Results

TMAS Joins ITMF As Associate Member, Enhancing Global Textile Machinery Collaboration

May 12, 2024

The Swedish Textile Machinery Association (TMAS) has recently become an Associate Member of the International Textile Manufacturers Federation (ITMF), further expanding ITMF’s role as a premier international forum for the global textile manufacturing value chain. With ITMF already representing companies responsible for approximately 90% of global textile and apparel

Financial Results

Bombay Dyeing Records Net Profit Rs 2949 Crores

May 12, 2024

Bombay Dyeing has reported robust financial results for the quarter and fiscal year ended March 31, 2024. In Q4, consolidated sales reached Rs 381 crore, with a net profit of Rs 66 crore. For the entire fiscal year, consolidated revenue amounted to Rs 1,688 crore, while net profit stood at Rs 2,949 crore, inclusive of […]

Financial Results

Arvind Ltd Reports Strong Q4 FY24 Performance

May 12, 2024

Arvind Ltd has announced robust operational and financial performance in Q4 FY24, reflecting the success of its strategic initiatives amidst global challenges. The highlights include: Financial Performance (YoY): Overall revenues reached Rs 2075 cr, marking a solid 10% growth. Record EBITDA of Rs 243 cr, surge by 27%, with a margin increase to 11.7%. PAT […]

Financial Results

Century Textiles’ Net Profit Plummets 97% In Q4FY’24

May 12, 2024

Century Textiles & Industries Ltd posted a 97 per cent drop in net profit to Rs 4 crore for the fourth quarter ended March 31, 2024 compared to Rs 145 crore in the year ago quarter. However, revenues in the January to March 2024 quarter grew 60 per cent to Rs 1,542 crore, up from […]

Financial Results

Nitin Spinners Ends FY24 With Remarkable Achievements And Strength

May 12, 2024

Nitin Spinners, India’s leading manufacturer of cotton & blended yarn, knitted fabrics, greige and finished woven fabrics, concluded its fiscal year 2024 on a high note, reporting significant growth and strategic advancements. Under the leadership of Dinesh Nolkha, Managing Director, the company has demonstrated resilience, agility, and a commitment to excellence,

Financial Results

Net Profit At Century Textiles Plummets 97% In Q4FY’24

Textile Insights May 10, 2024

Century Textiles & Industries Ltd posted a 97 percent drop in net profit to Rs 4 crore for the fourth quarter ended March 31, 2024 compared to Rs 145 crore in the year ago quarter. However, revenues in the January to March 2024 quarter grew 60 percent to Rs 1,542 crore, up from Rs 965 […]