Corporates

ABFRL Demerging Madura Fashion Into Separately Listed Entity

Textile Insights April 3, 2024

Aditya Birla Fashion and Retail Ltd. (ABFRL) has planned to demerge its Madura Fashion & Lifestyle (MFL) division into a separate listed entity. The Aditya Birla Group company aims to create two growth engines with distinct value creation trajectories and a well articulated capital

Tete-A-Tete

Century Enka Is Consistently Focused On Growth And Staying Ahead Of The Competition

March 4, 2024

One notable initiative Century Enka has undertaken globally is the production of recycled nylon tyre cord fabrics, which sets the company apart as the sole provider of this product internationally, states Ashish Malani  How has the experience been at Bharat Tex 2024? The government has truly excelled in bringing together the entire value chain of […]

Fibre

Birla Cellulose Shows Liva’s Sustainability At Bharat Tex

Textile Insights February 26, 2024

Liva, a leading fabric brand from Birla Cellulose is participating at Bharat Tex 2024 and will present its wide-ranging product portfolio and applications and its sustainable attributes. According to a press release, Liva is a high-quality sustainable fabric ideal for clothes, renowned for its fluidity, breathability, moisture-wicking properties, and resistance to

Financial Results

Aditya Birla Fashion & Retail Slips In To Q3FY’24 Loss

Textile Insights February 16, 2024

Aditya Birla Fashion & Retail Ltd (ABFRL), India’s major apparel retailer slipped in to a loss at Rs 77.87 crore in the third quarter of fiscal quarter ended December 31, 2023 Incidentally, the Aditya Birla Group company had reported net profit at Rs 15.79 crore in the third quarter of fiscal 2022-23. Total revenue in […]

Financial Results

Net Profit At Century Textiles Soars 855 Percent In Q3FY’24

Textile Insights February 3, 2024

Net profit at Century Textiles and Industries Ltd soared 855 percent to Rs 83.3 crore in the third quarter of the fiscal 2023-24, compared to Rs 8.72 crore in the corresponding quarter of the previous fiscal. The Aditya Birla Group’s company revenues in the three months to December 31, 2023 increased 8.8 percent to Rs […]

Corporates

Shahi Exports Appoints Alagappan R As COO Of Knits Processing Division

December 3, 2023

Shahi Exports Pvt Ltd has appointed Alagappan R as the Chief Operating Officer (COO) of its Knits Processing Division. A seasoned textile technocrat with over 27 years of expertise in textiles and finance, Alagappan has a robust background from distinguished textile companies, including Aditya Birla Group, Himatsingka and Arvind Ltd. His appointment marks a significant

Corporates

Textile Recycling Innovator SaXcell Signs MoU with Birla Cellulose

November 1, 2023

SaXcell, a pioneer in textile recycling, has entered into a Memorandum of Understanding (MoU) with Birla Cellulose, a part of the Aditya Birla Group and one of the world’s largest manufacturers of man-made cellulosic fiber. This MoU marks the beginning of an extended collaboration between the two companies aimed at producing recycled man-made cellulosic fibers. […]

Corporates

Aditya Birla Group’s TMRW Invests Rs 155 Crore In TIGC Fashion Brand

October 29, 2023

TMRW House of Brands, a venture of the Aditya Birla Group, has expanded its brand portfolio by investing Rs 155 crore in a partnership with the fashion brand The Indian Garage Co. (TIGC), the company announced in a press release on Thursday. Prashanth Aluru, co-founder of TMRW, expressed excitement about this partnership, stating, “We are […]

Corporates

Grasim Industries & Rieter Celebrate Partnership At ITMA 2023

July 16, 2023

Grasim Industries Limited, a flagship company of Aditya Birla Group and Rieter has a joint cooperation to explore the production of best air-jet yarns and fabrics made from viscose. Both the companies have recently concluded a trial with the eco-friendly Birla Excel fiber, which is made from a unique closed-loop process. With this trial, the […]