Vardhman Textiles Limited Announces Production Results for the Fourth Quarter and Year to Date March 2022
May 23, 2022 at 03:38 am EDT
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Vardhman Textiles Limited announced production results for the fourth quarter and year to date March 2022. For the quarter, the company reported yarn production of 58,919 metric tons against 59,130 metric tons against a year ago. Grey Fabric production of 48.4 million meters against 54.7 million meters year ago. Processed Fabric production was 41.1 million meters against 35.7 million meters a year ago.
For the year to date, the company reported yarn production of 2,38,638 metric tons against 2,11,334 metric tons against a year ago. Grey Fabric production of 193.4 million meters against 155.4 million meters year ago. Processed Fabric production was 151.7 million meters against 100.2 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.