The leading textile conglomerate of country, Vardhman Textiles Ltd., headquartered in Ludhiana, Punjab, and having multiple manufacturing units across 3 States has announced its Un-Audited Financial Results for the Q1 FY 2022-23.
The company has reported net profit of Rs. 313.35 crore for the Q1 FY 2022-23 as against Rs. 300.92 crore in the corresponding quarter of previous year 2021-22, an increase of 4.13%, on standalone basis. The top line of the company is Rs. 2,731.01 crore which is higher by 44.25% over the corresponding quarter of the previous FY. The EBIDTA margin for the Q1 FY 2022-23 stands at 19.36% as against 26.55% during the corresponding quarter of the previous FY.
The net profit of the company for Q1 FY 2022-23, on consolidated basis, is Rs. 332.55 crore as compared to Rs. 316.94 crore in the corresponding quarter of the previous FY, an increase of 4.93%. The top line of the company, on consolidated basis, is Rs. 2,811.83 crore for Q1 which is higher by 45.92% over corresponding quarter of previous year.