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Q3FY15 Net Of Vardhman Textiles Plunges 59.5%

Driven by higher depreciation and amortisation expense, net profit at North Indian textile major, Vardhman Textiles Ltd plunged 59.5 per cent year on year in third fiscal quarter ended December 31, 2014. For the third quarter of fiscal 2015, Vardhman reported net profit of Rs. 70.95 crore as against Rs. 175.24 crore in the third […]

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February 13, 2015
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Goller Machines Attract Attention of Buyers

In its endeavour to retain leadership position in the country’s fabric market, Mafatlal Industries Ltd., a flagship company of the Arvind Mafatlal Group, is all set to enhance its presence in prints and yarn dyed shirting fabric, including linen, across the country. The company has completely modernized its processing facilities in the last couple of […]

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December 4, 2014
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Apparel and Textile News

Vardhman Q2FY15 Net Drops

The vertically integrated Indian textiles producer Vardhman Textiles Ltd. reported a steep 48.4 per cent fall in net profit at Rs. 91.70 for the second quarter of fiscal 2014-15 as against Rs. 177.81 crore in the corresponding quarter of 2013-14. Vardhman said pursuant to a new act, it had to recalculate the remaining useful life […]

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November 14, 2014
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Tag: Vardhman

Q3FY15 Net Of Vardhman Textiles Plunges 59.5%

Goller Machines Attract Attention of Buyers

Vardhman Q2FY15 Net Drops