Financial Results

Arvind Crosses Rs 2,500 Crore Revenue Mark In Landmark Q1

Textile Insights August 13, 2026

Arvind Ltd., reported its highest-ever quarterly revenue and EBITDA for the quarter ended June 30, 2026, driven by strong demand across its textile, garmenting and advanced materials businesses, alongside the successful integration of its largest-ever acquisition, Dalco-GFT in the United

Financial Results

Indo Count Delivers Record Q1 Revenue Of Rs 1,224 Crore

Textile Insights August 13, 2026

Home textiles major Indo Count Industries Limited reported its highest-ever consolidated quarterly revenue of Rs 1,224 crore for the quarter ended June 30, 2026 (Q1 FY27), marking a strong start to the financial year driven by robust performance across its core and new business segments. The company recorded an EBITDA of Rs 160 crore, with […]

Financial Results

Mafatlal Industries Reports Steady Results For Q1 FY26-27

Textile Insights August 10, 2026

Mafatlal Industries Ltd (MIL) reported a steady performance for the first quarter ended June 30, 2026, supported by growth in its Textiles & Related Products and Digital Infrastructure businesses. The company posted revenue from operations of Rs 447.9 crore in Q1 FY27, registering 14.6% year-on-year growth. The textiles business continued to benefit from the company’s

Financial Results

Sutlej Textiles Returns To Profitability In Q1 FY27; EBITDA Surges Over 9x

Textile Insights August 10, 2026

Sutlej Textiles and Industries Ltd, one of India’s leading manufacturers of value-added dyed yarns, home textiles and green fibre, reported a sharp improvement in performance for the first quarter ended June 30, 2026, marking a significant turnaround in profitability. The company’s standalone total income increased 16.5% year-on-year to Rs 704 crore in Q1 FY27, compared

Financial Results

PDS Starts FY27 Strong With 43% PAT Growth

Textile Insights August 10, 2026

Global supply chain solutions provider PDS Limited reported a strong start to FY27, with consolidated revenue from operations increasing 14.8% year-on-year to Rs 3,444 crore in the first quarter ended June 30, 2026. Profit after tax (PAT) rose 42.7% to Rs 29 crore, while EBITDA nearly doubled to Rs 96 crore, reflecting improved operational efficiency […]

Financial Results

Lenzing More Than Doubles H1 2026 Net Profit

Textile Insights August 6, 2026

The Lenzing Group reported a significant improvement in profitability during the first half of 2026, with net profit more than doubling to EUR 35.6 million compared to EUR 15.2 million in the corresponding period last year. The company also improved free cash flow to EUR 45.8 million, despite continued market challenges including volatile energy and […]

Corporates

Lenzing To Close Austria And UK Plants, Cut Workforce By 25% Under Restructuring Plan

Textile Insights July 30, 2026

Austria-based fibre manufacturer Lenzing Group has announced a major restructuring programme that includes the closure of two production facilities, a workforce reduction of around 25 percent and fresh financing measures aimed at strengthening its financial position. The company said it plans to achieve cost savings of at least €120 million by the end of 2026 […]

Policies

India-EU FTA On Track For December Signing

Textile Insights June 21, 2026

India’s textile and apparel industry could be among the biggest beneficiaries of the proposed India-European Union Free Trade Agreement (FTA), which is expected to be signed by December 2026 and come into effect by February-March 2027. Announcing the timeline during an interaction with chartered accountants in Mumbai, Union Commerce and Industry Minister Piyush Goyal

Industry

Tamil Nadu To Review Textile Industry Demands, Says Minister R. Gandhi

Textile Insights October 14, 2025

Tamil Nadu Minister for Handlooms and Textiles R. Gandhi assured the textile and apparel industry that the state government will carefully examine all their demands and suggestions to strengthen the sector. Addressing a meeting with industry stakeholders in Coimbatore on Wednesday, the minister said Chief Minister M.K. Stalin accords high priority to the textile and […]

Corporates

Rieter Names Emmanuelle Gmür As CHRO And Executive Committee Member

Textile Insights December 11, 2024

The Board of Directors of Rieter Holding Ltd. has announced the appointment of Emmanuelle Gmür as Chief Human Resources Officer (CHRO) and Member of the Group Executive Committee, effective January 1, 2025. Gmür succeeds Tom Ban, who is pursuing opportunities outside Rieter. Gmür brings extensive international experience in human resources, strategic leadership,