Q3FY17 Results: Vardhaman Textiles Ltd

Bhagyashree Vivarekar / 09 Feb 2017

Q3FY17 Results:  Vardhaman Textiles Ltd

The company reported PAT of Rs 189.4 crore, which represents a sequential QoQ decline of 1.04 per cent and a YoY increase of 31.89 per cent.

Vardhaman Textiles Ltd. reported its consolidated results for the quarter ended December 31, today. 

The company reported sales of Rs.1531 crore for Q3FY17, which represents a 2.11 per cent sequential decline and 0.33 per cent YoY decline.

Its operating profit (EBIT) for the quarter was Rs 285 crore and its EBIT margin was 18.62 per cent.

The company reported PAT of Rs 189.4 crore, which represents a sequential QoQ decline of 1.04 per cent and a YoY increase of 31.89 per cent.

Vardhaman Textiles Ltd, a part of the Vardhman Group, operates in six business segments, viz. yarns, sewing thread, steel, fabric, acrylic fibre, garment and other business.

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