Vardhman Textiles Ltd

Profit before tax (PBT) climbed 28.85% YoY to Rs 272.54 crore durng the quarter. Total expenses increased 3.09% YoY to Rs 2,272.16 crore during the quarter as compared with Rs 2204.08 crore in Q3 FY24. Cost of material consumed stood at Rs 1323.20 crore (down 2.76% YoY), employee benefit expenses was at Rs 223.03 crore, employee benefit expenses stood at Rs 223.03 crore (down 3.08% YoY) during the period under review. In Q3 FY25, revenue from textiles jumped 5.03% YoY to Rs 2,403.94 crore, Acrylic Fibre increased Rs 81.78 crore, up 32.14% YoY. Total production of yarn fell marginally 0.03% to 65,827 metric tons in Q3 FY25 as compared with 65849 metric tons in Q3 FY24. Total sales jumped 4.96% YoY to 66,175 metric tons in Q3 FY24. Total sales of Grey Fabric fell 2.4% to 529 MT in Q3 FY25 as against 542 MT in Q3 FY24. Total production declined 3.33% YoY to 523 MT in Q3 FY25. Total production of processed fabric rose 0.91% to 443 MT in Q3 FY25 as compared with 439 MT in Q3 FY24. Total sales increased 1.62% to 439 MT in Q3 FY25 as against 432 MT in Q3 FY24. The Vardhman Group is one of the leading textile groups in India, with operations across the yarn, fabric, sewing threads, fibre, special alloys and garment sectors.Powered by Capital Market - Live

Net profit of Vardhman Textiles rose 31.44% to Rs 210.61 crore in the quarter ended December 2024 as against Rs 160.23 crore during the previous quarter ended December 2023. Sales rose 5.83% to Rs 2465.30 crore in the quarter ended December 2024 as against Rs 2329.51 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2465.302329.51 6 OPM %12.6910.48 - PBDT373.36310.92 20 PBT272.54211.51 29 NP210.61160.23 31 Powered by Capital Market - Live

Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live

Welspun Living Ltd, Aptus Value Housing Finance India Ltd, 360 ONE WAM Ltd, Raymond Ltd are among the other stocks to see a surge in volumes on NSE today, 15 January 2025.Vardhman Textiles Ltd witnessed volume of 61.99 lakh shares by 14:14 IST on NSE, a 41.46 times surge over two-week average daily volume of 1.50 lakh shares. The stock increased 3.07% to Rs.475.00. Volumes stood at 77578 shares in the last session.Welspun Living Ltd recorded volume of 186.16 lakh shares by 14:14 IST on NSE, a 13.64 times surge over two-week average daily volume of 13.65 lakh shares. The stock gained 3.57% to Rs.152.20. Volumes stood at 14.59 lakh shares in the last session.Aptus Value Housing Finance India Ltd notched up volume of 40.63 lakh shares by 14:14 IST on NSE, a 6.5 fold spurt over two-week average daily volume of 6.25 lakh shares. The stock rose 2.87% to Rs.282.80. Volumes stood at 2.9 lakh shares in the last session.360 ONE WAM Ltd witnessed volume of 27.71 lakh shares by 14:14 IST on NSE, a 5.34 times surge over two-week average daily volume of 5.19 lakh shares. The stock increased 4.60% to Rs.1,178.30. Volumes stood at 4.23 lakh shares in the last session.Raymond Ltd recorded volume of 25.62 lakh shares by 14:14 IST on NSE, a 5.08 times surge over two-week average daily volume of 5.04 lakh shares. The stock gained 4.18% to Rs.1,586.20. Volumes stood at 2.76 lakh shares in the last session.Powered by Capital Market - Live

360 ONE WAM Ltd, Kaynes Technology India Ltd, UTI Asset Management Company Ltd and Welspun Corp Ltd are among the other gainers in the BSE's 'A' group today, 15 January 2025.Vardhman Textiles Ltd spiked 6.03% to Rs 488.45 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 85169 shares were traded on the counter so far as against the average daily volumes of 8211 shares in the past one month. 360 ONE WAM Ltd surged 5.44% to Rs 1187.6. The stock was the second biggest gainer in 'A' group. On the BSE, 15364 shares were traded on the counter so far as against the average daily volumes of 15455 shares in the past one month. Kaynes Technology India Ltd soared 5.32% to Rs 6528.85. The stock was the third biggest gainer in 'A' group. On the BSE, 21182 shares were traded on the counter so far as against the average daily volumes of 29368 shares in the past one month. UTI Asset Management Company Ltd advanced 5.24% to Rs 1245.95. The stock was the fourth biggest gainer in 'A' group. On the BSE, 19563 shares were traded on the counter so far as against the average daily volumes of 9168 shares in the past one month. Welspun Corp Ltd added 5.20% to Rs 767.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 40831 shares were traded on the counter so far as against the average daily volumes of 18137 shares in the past one month. Powered by Capital Market - Live

Vardhman Fabrics has an existing processed fabric capacity of 175 million meter per annum. The current capacity utilization level is 90%. The proposed capital expenditure would be funded from either internal accruals or debt. With the enhanced capacity, the company expects 'to meet increasing demand of processed fabric in both export and domestic markets. The Vardhman Group is one of the leading textile groups in India, with operations across the yarn, fabric, sewing threads, fibre, special alloys and garment sectors. Vardhman Textiles had reported 46.57% increase in consolidated net profit to Rs 196.85 crore on a 4.38% rise in net sales to Rs 2,502.42 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live

The Board of Vardhman Textiles at its meeting held on 28 November 2024 has approved to increase the processed fabric capacity at Vardhman Fabrics, Budhni, Madhya Pradesh by about 31 million meters p.a. with a total capital outlay of Rs. 350 crore (approx.). Powered by Capital Market - Live

Net profit of Vardhman Textiles rose 46.57% to Rs 196.85 crore in the quarter ended September 2024 as against Rs 134.30 crore during the previous quarter ended September 2023. Sales rose 4.38% to Rs 2502.42 crore in the quarter ended September 2024 as against Rs 2397.46 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2502.422397.46 4 OPM %12.598.57 - PBDT390.15281.55 39 PBT290.51177.84 63 NP196.85134.30 47 Powered by Capital Market - Live

Vardhman Textiles announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live