Despite experiencing negative financial performance in the previous quarter, Vishal Fabrics has shown signs of improvement, with the company's net sales rising toRs 411.51 crore in Q1, FY25, the highest in the last five quarters, indicating a positive trend in near-term sales.

The operating profit (PBDIT) for the quarter also hit a five-quarter high at Rs 30.16 crore, suggesting a positive trend in operating profit. Additionally, the company's operating profit margin peaked at 7.33 per cent.

However, the profit after tax (PAT) declined by 38.9 per cent Y-o-Y, amounting to Rs 6.52 crore. The near-term trend for PAT remains negative. Furthermore, the company's interest costs increased by 13.88 per cent Q-o-Q reaching Rs 11.65 crore, the highest in the last five quarters, indicating higher borrowings.

Overall, Vishal Fabrics delivered a mixed performance for the quarter ending June 2024.