Enthusiastic quarterly results of textile companies continue!
Now Vardhman Textiles Limited, India’s leading textile company, has shown stellar performance during Q2 of FY22 as it reports best ever profits in the history of the company.
The net profit of the company for Q2 is Rs. 454 crore on standalone basis, which is higher by 57 per cent over Q1 and 815 per cent over Q2 of last year.
It has also announced a capex plan of about Rs. 1,400 crore towards enhancement of its spinning capacity by about 1.65 lakh equivalent spindles.
The top line of the company is Rs. 2,371 crore for Q2, which is higher by 24 per cent over Q1 and 50 per cent over Q2 last year. The EBIDTA margin for Q2 stands at 30 per cent against 26 per cent for Q1 and 12 per cent for Q2 last year.
The top line of the company on consolidated basis has increased to Rs. 2,453 crore from Rs. 1,972 crore in Q1, showing an increase of Rs. 24 per cent. The net profit of the company for Q2 is Rs. 482 crore, which is higher by 52 per cent over Q1.
The Board of Directors of the company has also declared an interim dividend of Rs. 34/- per share involving a total outlay of Rs. 196 crore approximately.
Established in the year 1965, the textile giant is having 18 manufacturing units across 4 states and it has stood in solidarity with the nation during the tough phase of pandemic and is actively contributing to economic growth.
Vardhman has a capacity to annually produce 2,40,000 MT of yarn and 180 million metres of processed (woven) fabric for apparels.
Bharat Tex Special Report 2026 
