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Vardhman Textiles Q1 income falls

Vardhman Textiles’ total income was Rs 1683.08 crores during the period ended June 30, 2019, as compared to Rs 1856.37 crores during the period ended March 31, 2019. Net profit was Rs 120.99 crores for the period ended June 30, 2019, as against Rs 182.01 crores for the period ended March 31, 2019. EPS was Rs 20.36 for the period ended June 30, 2019, as compared to Rs 33.17 for the period ended March 31, 2019.

Total income was Rs 1683.08 crores during the period ended June 30, 2019, as compared to Rs 1727.24 crores during the period ended June 30, 2018. Net profit was Rs 120.99 crores for the period ended June 30, 2019, as against Rs 162.74 crores for the period ended June 30, 2018. EPS was Rs 20.36 for the period ended June 30, 2019, as compared to Rs 27.92 for the period ended June 30, 2018.

Vardhman Textiles, which began operations in 1965, is engaged in manufacturing yarn, fabric, acrylic fiber, garments, sewing threads and alloy steel. The group has over the years developed as a business conglomerate with a presence in India and in 75 countries across the globe. The company is a one-stop shop for all kinds of spun yarn offering a variety of contemporary blends and shades.

 
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