Financial Results

Net Profit At Nandan Denim Plummets 89.8% in Q1FY’24

Textile Insights August 7, 2023

In the first quarter of fiscal 2024 ending June 30, 2023, net profit at Gujarat based Nandan Denim plummeted 89.8 percent to Rs 1.07 crores from Rs 10.5 crore in the same quarter of previous fiscal. In the reporting quarter, sales at one of the biggest Indian denim fabric manufacturer, was also

Financial Results

Cellulose Fibre Maker Lenzing Group H1 Sales Slip 3.4%

Textile Insights August 3, 2023

In the first six months of 2023, sales at cellulose fibre producer Lenzing Group slipped 3.4 percent year on year to €1.25 billion, mainly due to lower fibre revenues, although pulp revenues were up. EBITDA in the first half of 2023 declined significantly by 27.7 percent from a year ago period to €136.5 million. Lenzing […]

Financial Results

Astounding Leap In Welpsun India’s Q1FY’24 Net Profit

Textile Insights August 2, 2023

Net profit at Welspun India, a major producer and exporter of home textiles leaped an astounding 957.68 percent year on year in the first fiscal quarter ended June 30, 2023. In a BSE filing, Welsun said it clocked a net profit of Rs 155.48 crore in the previous quarter versus Rs 14.70 crore for the […]

Financial Results

Rossari Biotech Q1FY’24 EBITDA Margin Rises To 14.1%

Textile Insights August 1, 2023

EBITDA margin at textile speciality chemicals manufacturer Rossari Biotech rose 80bps to 14.1 percent in the first quarter ending June 30, 2023 of fiscal 2024 versus 13.3 percent in the same quarter of fiscal 2023. EBITDA in Q1FY’24 was also higher as against expectations of 13.5 percent and also higher than 13.4 percent in the […]