ICICI Securities Ltd | Retail Equity Research Vardhman Textiles' (VTL) consolidated results came in below our estimates on the revenue front. However, they were better-thanexpected on the profitability front. Consolidated revenues remained flattish YoY to | 1530.9 crore vs. estimated | 1586.4 crore. Revenues from the textile segment declined marginally by 1.3% YoY to | 1435 crore whereas revenues from acrylic fibre witnessed a significant decline of 40% YoY to | 71.3 crore The company benefited from inventory gains on the back of low cost...