Vardhaman Textiles : Q4FY17 Results
Amir Shaikh / 10 May 2017
The company's total sales for Q4FY17 came in at Rs 1608 crore, which represents a 9.31 per cent sequential increase and 8.87 per cent YoY increase.
Vardhaman Textiles Ltd. reported its results for the quarter ended March 31, 2017 today.
The company's total sales for Q4FY17 came in at Rs 1608 crore, which represents a 9.31 per cent sequential increase and 8.87 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 184.21 crore and tits EBIT margin stood at 11.46 per cent.
The company reported PAT figure Rs 158.56 crore, which represents a sequential QoQ decline of 16.81 per cent and a YoY decline of 10.12 per cent.
The company's stock opened at Rs 1345 on the BSE, and closed at 1335.75 after touching a high at Rs 1346.5 intra-day.
Vardhaman Textiles Ltd is an Indian textile company which belongs to the Vardhman group. The company operates in six business segments- yarns, sewing threads, steel, fabrics, acrylic fibres, garments and other business.
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