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23-Jan-2025

Vardhman Textiles

Total CAPEX of around Rs 3400 crore for modernization and expansion


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Vardhman Textile hosted a conference call on January 22, 2025. In the conference call the company was represented by Mr Neeraj Jain –Joint managing Director, Ms Sagarika Jain –Executive Director, Mr Rajeev Thapar-CFO, Mr Sushil Jhamb-Director raw material and Mr Mukesh Bansal-Head-Fabric Marketing.

Key takeaways of the call

Revenues:

The spinning business continued to face challenges with higher raw material prices while the fabric business is performing better resulting in better performance of the company in Q3FY2025 when compared to Q3FY2024.

Revenues for the quarter stood at Rs 2465.3 crore a growth of 5.8% YoY.

Volume data:

Yarn

The company produced 65827 Metric ton in Q3FY2025 v/s 65849 metric ton in Q3FY2024 and the company sold 66175 Metric ton in Q3FY2025 v/s 63048 metric ton in Q3FY2024.

Grey fabric



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