Financial Results

Net Loss Rises Higher At HP Cotton Textile Mills In Q4FY’24

Textile Insights May 15, 2024

Net loss rose higher at HP Cotton Textile Mills to Rs 3.84 crore in the fourth fiscal quarter ending March 31, 2024, up 40.89 percent as against net loss of 2.27 crore in the same quarter of earlier fiscal The company reported total income of Rs 19.68 crores during the period ending March 31,

Industry

Sewing & Embroidery Thread Maker Amann Starts India Plant

Textile Insights April 24, 2024

Amann has opened its first Indian production plant in Ranipet, Tamil Nadu which will produce sewing and embroidery threads of the highest quality for the leather and apparel industry. “It is our most sustainable production site equipped with state-of-the-art technology to protect the environment,” the German headquartered company said in a press release. “We are […]

Financial Results

HP Cotton Textile Mill Posts Turnaround In H1FY’24 Net Profit

Textile Insights November 6, 2023

Manufacturer of cotton yarns and sewing threads, HP Cotton Textile Mills reported a turnaround in net profit by posting a profit in the first six months of fiscal 2024 ending September 2023. The Haryana based company recorded a net profit of Rs 4.41 crores between April and September 2023, as compared to a loss of […]

Apparel, Fashion, Retail

A&E Sewing Threads Bag Gold Level C2C Certified Certificate

Textile Insights September 20, 2023

One of the biggest global sewing thread manufacturers American & Efird (A&E) said its two sustainable cotton thread products have bagged the Gold Level C2C Certified Material Health Certificate. Specially processed under best manufacturing practices, A&E’s new Anecot Plus SPC and Chroma SPC long staple cotton thread products are created with Cradle to Cradle