Vardhman Textiles Limited Announces Production Results for the Fourth Quarter and Year to Date Ended March 31, 2023
May 06, 2023 at 05:38 am EDT
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Vardhman Textiles Limited announced production results for the fourth quarter and year to date ended March 31, 2023. For the quarter, the company reported yarn production of 65,104 metric tons compared to 58,919 metric tons a year ago. Grey fabric production was 44.6 million meters compared to 48.4 million meters a year ago. Processed fabric production was 32.4 million meters compared to 41.1 million meters a year ago.
For the year, the company reported yarn production of 2,33,314 metric tons compared to 2,38,638 metric tons a year ago. Grey fabric production was 182.5 million meters compared to 193.4 million meters a year ago. Processed fabric production was 143.5 million meters compared to 151.7 million meters a year ago.
Vardhman Textiles Limited is an India-based vertically integrated textile manufacturer. The Company is primarily in the business of manufacturing, purchase and sale of textiles. Its segments include Textiles and Acrylic Fibre. Its businesses include yarns, fabrics, acrylic fiber, garments, collections, and special steel. Its yarn products include specialty yarns, acrylic, fancy and hand-knitting yarns, dyed yarns, grey yarns and others. Its garment product includes 100% cotton, poly cotton, cotton stretch or cotton lycra, linen, cotton Tencel, Cotton viscose, and Melange. The Company produces 2,40,000 metric tons of yarn and 220 million meters of woven fabric. It produces a variety of steels in terms of type and size. The product range includes rounds, squares, peeled/drawn center-less ground bars of carbon steel, case-hardening steel, through hardening steel and others. Its subsidiaries include Vardhman Acrylics Limited and VTL Investments Limited.
VARDHMAN TEXTILES LIMITED 
