Ludhiana based Vardhman Textiles is modernising and expanding its existing spinning and fabric operations at a substantial capital outlay of around Rs 2,000 crore. Additionally, the company will also foray and invest in technical textiles, targeting a production output of 15 lakh meters of
Net profit at Ludhiana based Vardhman Textiles soared 26 percent to Rs 201 crore in the fourth quarter ended March 31, compared to Rs 159 crore in the comparable period of earlier fiscal. Revenue in the January to March 2024 period dropped marginally by one percent to Rs 2,459 crore, as against Rs 2,485 crore […]
In the first fiscal quarter ending June 30, 2023, Vardhman Textiles net profit dropped sharply by 58.53 percent to Rs 136.47 crore, compared to Rs 329.12 crore in the corresponding quarter of earlier fiscal EBITDA too dropped 41.88 percent to Rs. 309.88 crore in the reporting quarter as against Rs 533.17 crore in the first […]