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

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 […]

Financial Results

Globe Textiles Reports 127.65% Rise In Net Profit For FY24

May 31, 2024

Globe Textiles India Ltd, a prominent textile exporter of fabrics and garments, announced its financial results for Q4 and the full fiscal year 2023-24, demonstrating robust performance driven by strong demand, operational efficiencies, and strategic market expansion. For Q4 FY24, the company reported overall revenues of ₹43,100.39 lakhs, a 107% increase year-over-year,

Financial Results

Harish Textile Engineers Slips Into Q4FY’2024 Net Loss

Textile Insights May 31, 2024

Mumbai headquartered Harish Textile Engineers slipped in to a loss in the fourth fiscal quarter ending March 31, 2024. However, the company reported an increase in sales in the same quarter. The textile machinery manufacturer reported a net loss of Rs 0.86 crore in the January to March 2024 quarter compared to profit of Rs […]

Financial Results

Monte Carlo Fashions Reports FY24 Earnings Decline, Reveals Growth Plans

May 31, 2024

Monte Carlo Fashions Limited, a leading lifestyle apparel brand in India, announced its financial results for the fourth quarter and full fiscal year ending March 31, 2024. Despite facing challenges, the company continues to demonstrate a strong market presence and strategic growth initiatives. In Q4-FY24, the company reported revenue of INR 2,065 million, a decline […]

Financial Results

Aditya Birla Fashion And Retail’s Net Loss at 37% In Q4FY’24

Textile Insights May 30, 2024

In the fourth quarter of fiscal 2023-24, net loss at Aditya Birla Fashion and Retail Ltd (ABFRL) stood at 37 percent and reached Rs 266 crore compared to Rs 195 crore in the comparable months of earlier fiscal. Revenue in the January to March period at the Aditya Birla Group company grew to Rs 3,407 […]

Financial Results

Mafatlal Industries’ FY24 Report: Revenue Peaks, Profit Peaks

May 29, 2024

Mafatlal Industries Ltd, a cornerstone of India’s textile sector, has announced its audited financial results for the fourth quarter (Q4FY24) and the full fiscal year (FY24), marking a historic milestone with the highest ever quarterly and annual revenues in the company’s long-standing history. In Q4FY24, the company achieved an unprecedented revenue from

Financial Results

FY24 Milestone: Garware Technical Fibres Surpasses Rs. 200 Crore PAT, Rs. 100 EPS

May 29, 2024

Garware Technical Fibres Ltd., a prominent manufacturer of technical textiles serving both domestic and international markets, released its audited financial results for the quarter and fiscal year ending March 31, 2024. In the fourth quarter of FY24, Garware Technical Fibres recorded a 3% increase in net sales, totaling Rs. 382.3 Crores compared to Rs. 370.5 […]

Financial Results

Indo Count Industries Surpasses Rs. 2000 Crores Net Worth In FY24

May 28, 2024

Indo Count Industries Ltd, a leading global manufacturer of home textile bed linen, has announced its audited financial results for the fiscal year ending March 31, 2024. The company has achieved its highest-ever yearly revenue and EBITDA, marking a significant milestone in its financial performance. Indo Count’s net worth crossed Rs. 2000 crores, reaching Rs. […]

Financial Results

Gokaldas Exports Reports Strong Q4, Announces Acquisitions

May 27, 2024

Gokaldas Exports Ltd, a leading garment manufacturer, has announced its financial results for Q4 FY24, showcasing significant growth and strategic expansions aimed at bolstering its market position. For the quarter ending March 31, 2024, Gokaldas Exports reported consolidated revenue of ₹ 818.0 crore, marking a 54% increase from ₹ 530.1 crore in Q4 FY23. The […]