Vardhman Textiles Ltd.

NSE: VTL | BSE: 502986 | ISIN: INE825A01020 | Industry: Textiles
| Mid-range Performer

598.00
-0.01%
ICICI Securities Limited
Revenues for the quarter grew 8.4% YoY to | 1700 crore (I-direct estimate: | 1639.4 crore). Revenues from textile segment grew 7% YoY to | 1625 crore while on a low base acrylic fibre reported healthy revenue growth of 47% YoY to | 99.5 crore Gross margins for the quarter improved 91 bps YoY to 46.7% (on a sequential basis, gross margins declined 234 bps). Decline in other expenses (down 7% YoY to | 205.3 crore) further supported EBITDA growth. EBITDA margins for the quarter expanded 310 bps YoY to...
Vardhman Textiles Ltd. is trading above its 200 day SMA of 526.2
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