Vardhman Textiles Ltd.

NSE: VTL | BSE: 502986 | ISIN: INE825A01020 | Industry: Textiles
| Strong Performer

503.80
0.61%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Consolidated revenues increased marginally by 1.9% YoY to | 1523.1 crore vs. estimated | 1555.6 crore. Revenues from the textile segment grew 1.6% YoY to | 1443.6 crore whereas revenues from acrylic fibre declined 10.3% YoY to | 92.0 crore EBITDA margins for the quarter declined 780 bps YoY to 13.0% (Idirect estimate: 14.5%) mainly on account of an increase in raw material expense (cotton) by 840 bps YoY. Subsequently absolute EBITDA de-grew 36% YoY to | 197.6 crore (I-direct estimate: | 226.2...
Vardhman Textiles Ltd. average weekly volume is high.
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