Financial Results

Grasim Industries Achieves Highest-Ever Revenue And EBITDA In FY24

May 26, 2024

Grasim Industries Ltd has reported its highest-ever consolidated revenue of Rs 1,30,978 crore for the financial year ending March 31, 2024, marking an 11% year-on-year increase. This achievement is attributed to the robust performance across its diversified business portfolio, particularly in

Financial Results

Syre Secures $100 Million Series A Funding For Textile Recycling

May 26, 2024

Syre, the textile impact company initiated by Vargas and H&M Group, has secured a $100 million Series A funding round. Led by TPG Rise Climate, the round included investments from H&M Group, Giant Ventures, IMAS Foundation, Norrsken VC, and Volvo cars. CEO Dennis Nobelius expressed excitement about the ambitious investors joining their mission to drive […]

Financial Results

Page Industries Reports Strong Q4 Profit Boost, Up 38.1% YoY

May 24, 2024

Page Industries Limited, India’s leading apparel manufacturer, announced its financial results for the fourth quarter and the annual year ended March 31, 2024. In Q4 FY24, Page Industries achieved notable financial milestones. Sales volume grew by 6.1% year-over-year (YoY), reaching 45.3 million pieces. Revenue increased by 3.2% YoY to Rs. 9,954 million. EBITDA rose

Financial Results

Q4FY’24 Net Profit At Kitex Garments Soars Massively By 500%

Textile Insights May 23, 2024

Net profit at Kitex Garments soared massively by nearly 500 percent to Rs 20.13 crore in the January to March 2024 quarter as against Rs 3.36 crore in the same quarter of previous fiscal. Consolidated net sales at the Sabu Jacob led company grew by a significant 77.11 percent year on year to total Rs […]

Financial Results

Arvind Fashions’ Consolidated Net Profit Up 39% In Q4FY’24

Textile Insights May 23, 2024

Arvind Fashions Ltd reported a 39.09 percent hike in consolidated net profit to Rs 39.67 crore in the fourth fiscal quarter ending March 2024, as against 28.52 crore for the same quarter of earlier fiscal. Arvind Fashions’ revenue from operations grew to Rs 1,093.85 crore, up 3.66 percent in the January to March 2024 quarter […]

Financial Results

Dollar Industries Records Highest Ever Annual And Quarterly Revenue

May 23, 2024

Dollar Industries Limited, one of the most trusted names in the lifestyle outerwear & innerwear business, announced its Q4 FY24 and FY24 results. The Board of Directors of Dollar Industries Limited, at its meeting held on 21st May 2024, took on record the Audited Financial Results for the fourth quarter and full year of Financial […]

Financial Results

Trident Ltd Net Profit Drops Sharply By 54.8% In Q4FY’24

Textile Insights May 22, 2024

In the fourth fiscal quarter ending March 31, 2024, net profit at Ludhiana based Trident Ltd dropped sharply by 54.8 percent over the same quarter in the previous fiscal to Rs 59 crore. However, revenue increased 6.9 percent from a year ago quarter in the Rajinder Gupta led textiles manufacturer to Rs 1,682 crore in […]

Financial Results

BSL Ltd Achieves 41.3% Revenue Growth In FY24, Announces 10% Dividend

May 22, 2024

BSL Limited, a pioneering company in the textile industry, operates a fully integrated unit encompassing spinning, weaving, processing, and manufacturing capabilities using state-of-the-art technologies sourced globally. The company has published its Audited Financial Results for the fourth quarter (Q4) and the financial year (FY) ending on 31st March 2024. Q4 & FY24

Financial Results

Bella Casa Sees Major Growth In Apparel Sales, Reports Strong FY24 Financials

May 21, 2024

Bella Casa Fashion & Retail Ltd, a leading original design manufacturer (ODM) for top apparel retailers and a prominent home furnishing brand, has reported strong financial results for Q4FY24 and the full fiscal year ending March 31, 2024. The company’s revenue for Q4FY24 reached ₹61.1 crore, marking a 50.5% year-over-year increase. For the full fiscal […]

Financial Results

iFabric Corp. Reports Strong First Quarter Results

May 19, 2024

iFabric Corp., a leading provider of intelligent fabrics and intimate apparel, has announced its financial results for the first quarter of fiscal 2024, ending March 31, 2024. The company, reported record revenues and EBITDA for the quarter, attributing the success to the acquisition of new customers, innovative programmes and solid margins. Hylton Karon, President and