Siyaram Silk Mills Ltd., a leading Indian textile brand, reported a 21.1% YoY increase in total income to Rs 400 crore for Q1 FY26, up from Rs 331 crore in the same quarter last year. Growth was led by steady performance in fabrics, garments and yarn segments. Despite higher revenues, EBITDA
PDS Ltd, a global supply chain solutions provider for leading brands and retailers, has reported a 14% year-on-year growth in revenue from operations for Q1 FY26, reaching Rs 2,999 crore. Gross merchandise value rose 19% quarter-on-quarter to Rs 4,634 crore. However, profitability was impacted by macroeconomic headwinds. EBITDA stood at Rs 51 crore, down 31% […]
Arvind Ltd, one of India’s leading textile and apparel companies, reported a steady start to FY26 with consolidated revenue of Rs 2,006 crore, up 10% YoY, and EBITDA at Rs 186 crore, reflecting a 14% growth. PAT rose 35% YoY to Rs 53 crore, with margins improving to 9.3%. The garmenting division posted its highest-ever […]
Sangam India Ltd delivered its highest-ever quarterly revenue of Rs 803 crore in Q1 FY26, up 15% YoY, driven by strong volume momentum, buoyant domestic demand and focused execution. Gross profit stood at Rs 298 crore with a 37.2% margin, while EBITDA was Rs 70 crore. Profit after tax, however, fell sharply by 85% YoY […]
Welspun Living Ltd (WLL), a global home textiles leader and part of the $3.6 billion Welspun Group, reported a total income of Rs 2,289 crore for Q1 FY26, registering an 11.6% year-on-year decline. The drop was largely attributed to tariff-related headwinds and cautious buying patterns by global retailers, which affected export performance. However, the company’s […]
Sportking India Limited, one of India’s leading textile conglomerates, reported a 10.4% year-on-year rise in net profit to Rs 35.2 crore for Q1 FY26, supported by margin expansion despite lower revenues. Revenue from operations stood at Rs 585.8 crore, down 7.6% YoY, though exports rose 18% YoY, contributing nearly 58% of total sales. EBITDA came […]
U.S. President Donald Trump has announced a 25% tariff, along with an unspecified penalty, on Indian imports starting August 1, 2025, citing India’s continued defense and energy ties with Russia. In a sharply worded statement, Trump criticized India for maintaining strong military and energy relations with Moscow, calling it “Russia’s largest buyer of energy” and
The GST Council may soon consider a proposal to impose a uniform 12% Goods and Services Tax (GST) across the entire textile value chain before September, as part of the next phase of tax reforms, a senior government official told Moneycontrol. Currently, cotton is taxed at 5%, yarn at 12%, and synthetic fibres and their […]
A new sustainability initiative aimed at enhancing the global competitiveness and resilience of Sri Lanka’s apparel industry has officially launched with strong backing from both national and international partners. The Improving Transparency for Sustainable Business (ITSB) program, introduced jointly by the Global Reporting Initiative (GRI) South Asia, Sri Lanka
The South India Garments Association (SIGA) has urged the Karnataka government to establish a Special Economic Zone (SEZ) dedicated exclusively to small and medium textile enterprises (SMEs) in the state, citing the lack of infrastructure support despite the sector’s significant contribution to employment and state revenue. Speaking on Saturday, Anurag Singhla, President





















