Vardhman Textiles Limited, the leading Indian textile conglomerate with headquarters in Ludhiana, Punjab and multiple manufacturing units across three states, has reported net profit of Rs. 313.35 cr for the first quarter (Q1) of fiscal 2022-23 (FY23) as against Rs. 300.92 cr in the corresponding quarter of previous year 2021-22, recording an increase of 4.13 percent, on standalone basis.
The top line of the company is Rs. 2,731.01 cr which is higher by 44.25 percent over the corresponding quarter of the previous fiscal. The EBIDTA margin for Q1 FY23 stands at 19.36 percent as against 26.55 percent during the corresponding quarter of the previous fiscal, the company said.
The net profit of the company for Q1 FY23, on consolidated basis, is Rs. 332.55 cr as compared to Rs. 316.94 cr in the corresponding quarter of the previous fiscal, an increase of 4.93 percent. The top line of the company, on consolidated basis, is Rs. 2,811.83 cr for Q1 which is higher by 45.92 percent over corresponding quarter of previous year.
