Vardhman Textiles, an integrated textile manufacturer, reported a strong set of earnings for the June quarter, driven by healthy growth in revenue and improved operating performance.
The company’s consolidated net profit rose 49.8% year-on-year (YoY) to Rs. 310 crore (US $32.43 million) in the quarter ended 30th June, compared to Rs. 207 crore (US $21.66 million) in the corresponding quarter last year.
Revenue from operations increased 13.3% YoY to Rs. 2,703 crore (US $ 282.80 million) from Rs. 2,386 crore (US $249.63 million) in Q1FY ’26.
The company’s operating performance also strengthened during the quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 45.1% YoY to Rs. 473 crore (US $49.49 million) from Rs. 326 crore (US $34.11 million) a year ago. Consequently, EBITDA margin expanded to 17.5% in Q1FY ’27 from 13.7% in the corresponding period last year.
On the operational front, Vardhman Textiles’ core textiles segment remained the primary growth driver. Segment revenue rose 13% YoY to Rs. 2,648 crore (US $276.05 million), while segment profit before interest and tax surged to Rs. 434 crore (US $45.41 million) from Rs. 301 crore (US $31.49 million) in the year-ago period, indicating improved operational leverage and better cost management.
The company also reported consolidated total income of Rs. 2,781 crore (US $290.96 million) during the quarter, supported by higher other income of Rs. 78 crore (US $8.16 million). Meanwhile, the share of profit from associates increased to Rs. 16 crore (US $1.67 million) compared with Rs. 12 crore (US $1.26 million) in the corresponding quarter of the previous fiscal.
The company claims to be one of India’s largest vertically integrated textile manufacturers, with operations spanning cotton yarn, woven fabrics, sewing threads, acrylic fibre and garments.
The company is also an exporter of cotton yarn and operates multiple manufacturing facilities across India.
