Vardhman Textiles Limited Announces Sales 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 sales results for the fourth quarter and year to date ended March 31, 2023. For the quarter, the company reported yarn sales (including Internal Transfers) of 65,936 metric tons compared to 57,634 metric tons a year ago. Grey fabric sales (including Internal Transfers) was 46.3 million meters compared to 49.8 million meters a year ago. Processed Fabric sales (including Internal Transfers) was 33.6 million meters compared to 41.8 million meters a year ago.
For the year, the company reported yarn sales (including Internal Transfers) of 2,28,507 metric tons compared to 2,33,584 metric tons a year ago. Grey fabric sales (including Internal Transfers) was 183.9 million meters compared to 197.4 million meters a year ago. Processed fabric sales (including Internal Transfers) was 144.6 million meters compared to 152.0 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 
