Vardhman Textiles Limited Announces Sales Results for the Fourth Quarter and Year Ended March 2022
May 23, 2022 at 03:38 am EDT
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Vardhman Textiles Limited announced sales results for the fourth quarter and year ended March 2022. For the quarter, the company reported yarn sales (including Internal Transfer) of 57,634 metric tons against 62,015 metric tons against a year ago. Grey Fabric sales (including internal transfers) of 49.8 million meters against 57.1 million meters year ago. Processed Fabric sales was 41.8 million meters against 34.4 million meters a year ago.
For the year to date, the company reported yarn sales (including Internal Transfer) of 233,584 metric tons against 214,374 metric tons against a year ago. Grey Fabric sales (including internal transfers) of 197.4 million meters against 158.9 million meters year ago. Processed Fabric sales was 152.0 million meters against 100.8 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 
