News - Textile Insights - Page 3

Corporates

Ester Industries Returns To Profit As Q2 Income Rises 25.7%

Textile Insights November 4, 2026

Ester Industries Ltd reported a consolidated net profit of ₹7.8 crore for the second quarter ended September 30, 2026, against a loss of ₹15.8 crore a year earlier, supported by higher polyester film volumes, improved realisations and a stronger contribution from value-added products.

Financial Results

Trident Q2 Net Profit Rises 93%; Board Approves Rs 4,650 Crore Expansion

Textile Insights November 4, 2026

Trident Limited reported a 93.1% year-on-year increase in consolidated net profit to Rs 176 crore for the second quarter ended September 30, 2026, supported by improved operational performance and cost optimisation. Consolidated total income stood at Rs 1,737 crore, down 3.7% from Rs 1,803 crore in the corresponding quarter last year. EBITDA rose 45.3% to […]

Corporates

Georg Stausberg Takes Over As CEO Of The Rieter Group With Immediate Effect

Textile Insights November 4, 2026

The Board of Directors of Rieter Ltd. received additional demands from designated CEO Daniel Lippuner regarding his compensation package, particularly his bonus. Due to irreconcilable differences, Lippuner will not assume the position. Georg Stausberg, CEO of Barmag, will assume the position of CEO of the Rieter Group with effect from November 4, 2026. Stausberg has […]

Financial Results

RSWM Q2 Profit Nearly Quadruples As Revenue Rises 15%

Textile Insights November 3, 2026

RSWM Ltd reported a strong improvement in profitability for the quarter ended September 30, 2026, supported by operational efficiencies, a favourable product mix and disciplined cost management. Revenue rose 15% year-on-year toRs 1,322.3 crore in Q2 FY27, while total income increased 14.9% toRs 1,331.8 crore. EBITDA grew 47.1% toRs 115.9 crore, with the EBITDA margin […]

Cotton

India Extends Cotton Import Duty Exemption Till December 31

Textile Insights November 2, 2026

The government has extended the customs duty exemption on cotton imports until December 31, 2026, providing two additional months of relief to the textile and apparel industry. The exemption was previously scheduled to expire on October 31. The Ministry of Finance issued a notification on October 30, amending the earlier notification dated May 30, 2026. […]

Event

Picanol To Premiere AirOne Airjet Weaving Machine At ITMA ASIA

Textile Insights November 2, 2026

Picanol will unveil its new AirOne airjet weaving machine at ITMA ASIA + CITME 2026, scheduled for November 20–24 in Shanghai. The launch extends the company’s airjet portfolio into the basic woven fabrics segment, complementing its established OmniPlus-i Connect range. Developed through market research, R&D and field testing, AirOne features a new crank shedding

Financial Results

Sportking Q2 Profit Jumps 240.9%; Odisha Expansion On Track

Textile Insights November 2, 2026

Sportking India reported a 240.9% year-on-year increase in net profit to Rs 96.4 crore for the second quarter ended September 30, 2026, supported by improved realisations, favourable spreads and operational efficiency. Revenue from operations rose 24.5% to Rs 781.1 crore. EBITDA increased 136.8% to Rs 154.9 crore, while the EBITDA margin expanded by 940 basis […]

Financial Results

Arvind Posts Record Q2 Revenue; Advanced Materials Business Drives Growth

Textile Insights November 2, 2026

Arvind Ltd reported record quarterly revenue and EBITDA for the second quarter ended September 30, 2026, supported by strong growth in advanced materials and higher textile volumes. Consolidated revenue increased 23% year-on-year to Rs 2,919 crore, while EBITDA rose 27% to Rs 331 crore. The EBITDA margin improved by 40 basis points to 11.4%. Profit […]

Financial Results

Welspun Living Achieves Net Cash Position As Growth And Margins Strengthen

Textile Insights November 2, 2026

Welspun Living reported a 16.9% year-on-year increase in revenue to Rs 2,870 crore in the second quarter of FY2027, driven by growth across home textile exports, its US pillow business, domestic sales and flooring. Revenue increased 1.5% sequentially, while improved profitability and working capital management helped the company achieve a net cash position. EBITDA stood

Corporates

Heliograph Acquires SPGPrints Austria

Textile Insights November 2, 2026

Heliograph Holding GmbH has acquired 100% of the shares in SPGPrints Austria GmbH from the Netherlands-based SPGPrints Group, bringing together complementary expertise in pre-press and printing technologies. Headquartered in Germany, Heliograph operates globally in pre-press solutions, processing equipment, engraving systems and laser technologies for the printing

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