Sanathan Textiles reported a 120.5% year-on-year increase in consolidated revenue to Rs 1,804 crore (US$190.1 million) in Q2 FY27. Net profit rose 204.5% to Rs 61.2 crore (US$6.4 million), supported by the ramp-up of its Punjab facility and higher capacity utilisation.
Business News
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Decathlon India reported an 8.35% year-on-year increase in revenue from operations to Rs 4,478 crore (US$471.8 million) in FY26 and returned to profitability with a net profit of Rs 63 crore (US$6.6 million), compared with a loss of Rs 65 crore (US$6.8 million) in FY25.
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Indian online fashion shoppers became more selective during the 2026 festive season, with half of all orders priced below Rs 1,000. Footwear overtook clothing, accounting for 52.7% of orders and 58.4% of sales value, according to a Fynd report.
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Page Industries is scouting locations for a new manufacturing plant with a proposed investment of up to Rs 300 crore. The company also plans to add 125–150 stores annually over the next four to five years.
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Shoppers Stop has partnered with Guess Jeans to become the brand’s exclusive partner among national chain stores in India, expanding its portfolio of international fashion labels.
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Monte Carlo Fashions reported a 92.8% year-on-year decline in standalone net profit to Rs 1.17 crore (US $0.12 million) in Q2FY27, while revenue increased 5.5% to Rs 262.4 crore (US $27.67 million).
