Financial Results

VIP Clothing Posts Negative Growth In Q1 FY25

Textile Insights August 19, 2024

VIP Clothing, a leading innerwear manufacturer known for its marquee brands such as VIP, Frenchie, Feelings, and Leader, announced its unaudited financial results for the first quarter ended June 30, 2024. Highlights Revenue from operations: Rs 501.20 mn, compared to Rs 536.64 mn in Q1 FY24.

Financial Results

Dollar Industries Reports Modest Growth In Q1 FY25

Textile Insights August 19, 2024

Dollar Industries Ltd, a prominent name in the garment and hosiery sector, announced its financial results for the first quarter of FY25. Key Financial Highlights: Total Income: Rs 33,443 lakh, reflecting a 1.7% year-over-year (YoY) growth from Rs 32,891 lakhs in Q1 FY24. Gross Profit: Rs 11,887 lakh, up 12.1% YoY, with a gross profit […]

Apparel, Fashion, Retail

Cantabil Retail India Reports Strong Q1 FY25 Results

Textile Insights August 15, 2024

Cantabil Retail India Ltd., a leading apparel manufacturer and retailer in India, has announced its financial results for the first quarter ended June 30, 2024. The company reported quarterly revenue of Rs. 127.9 crore, marking a 14.4% increase year-on-year (YoY). EBITDA rose by 14.5% to Rs. 39.4 crore, while the net profit after tax (PAT) […]

Financial Results

Industry Recovery Boosts Margins Amid Global Challenges: Riju Jhunjhunwala

Textile Insights August 14, 2024

RSWM Ltd., one of India’s largest manufacturers of value-added synthetic, mélange, blended spun yarns, denim fabric, knitted fabric and green polyester fibres, has announced its unaudited financial results for Q1 FY25, ending on June 30, 2024. Financial Highlights for Q1 FY25 (Rs in cr.): Sales: Rs 1,208 cr., up 3.1% QoQ and 34.1% YoY Gross […]

Financial Results

Sutlej Textiles Reports Stable Q1, Wins Industry Awards

Textile Insights August 14, 2024

Sutlej Textiles and Industries Ltd has announced its financial results for the quarter ending June 30, 2024. For Q1FY25, the standalone total income remained stable at Rs 659 crore, consistent with Q4FY24, and down 0% from FY24. EBITDA was Rs 26 crore, with a margin of 4.0%, up from Rs 17 crore and 2.6% in […]

Financial Results

Banswara Syntex’s Fabric Revenue Up, Yarn and Garment Revenue Down

Textile Insights August 14, 2024

Banswara Syntex Ltd reported a total income of Rs 275 crore for the quarter, with an EBITDA of Rs 17 crore, PBDT of Rs 13 crore and a PAT of Rs 1 crore. The Yarn division’s revenue fell to Rs 100 crore, while the Fabric division saw an increase to Rs 113 crore. In contrast, […]

Financial Results

Go Fashion Posts Significant Growth In Q1 FY25

Textile Insights July 29, 2024

Go Fashion (India) Ltd, a leading women’s bottom-wear brand in India, has announced its unaudited financial results for Q1 FY25, showcasing significant growth across key metrics. The company reported total revenue of Rs 220.1 crore, a 16% increase from Q1 FY24. Gross profit rose by 17% to Rs 136.0 crore, with a gross profit margin […]

Corporates

Inditex Expands Into Uzbekistan, Resumes Operations In Ukraine

June 12, 2024

In Q1 2024, Inditex achieved robust operating results, driven by team creativity and the execution of its integrated business model. The Spring/Summer collections were well-received, with sales increasing 7.1% to €8.2 billion and a constant currency growth of 10.6%. Gross profit rose 7.3% to €4.9 billion, with a gross margin of 60.6%. Operating expenses grew […]

Financial Results

Filatex India Announces Q4FY24 & FY24 Audited Results

May 5, 2024

Filatex India Ltd, a leading manufacturer of synthetic filament yarns, reported its audited results for Q4FY24 & FY24 on April 30, 2024. Filatex reported revenue of Rs 1,026 crore in Q4FY24 (Rs 1,083 cr in Q3FY24), EBITDA of Rs 64.6 cr (vs. Rs 74.7 cr), Profit Before Tax of Rs 47.2 cr (vs. Rs 25.2 […]

Financial Results

Raymond Achieves Record Annual Revenue, Posts Highest-Ever EBITDA

May 5, 2024

Raymond Ltd announced its audited financial results for the year ended March 31, 2024, achieving its highest-ever annual revenue of Rs 9,286 cr and EBITDA of Rs 1,575 cr, with an EBITDA margin of 17.0%. Despite challenges in the lifestyle business, Raymond maintained double-digit revenue growth of 11% in FY24 compared to the previous year, […]