
Vardhman Textiles Ltd. has reported its consolidated financial results for the quarter ended December 31, 2024, showcasing robust growth in profitability and stable revenue performance.
Key Highlights:
- Revenue from Operations:
The company posted revenue of ₹2,465.3 crore, up 5.8% year-on-year (YoY) compared to ₹2,329.5 crore in Q3 FY24. However, revenue declined by 1.5% sequentially from ₹2,502.4 crore in Q2 FY25. - Profit After Tax (PAT):
PAT rose significantly by 31.1% YoY to ₹211.8 crore, compared to ₹161.9 crore in the same quarter last year. On a quarter-on-quarter (QoQ) basis, PAT increased by 7.4% from ₹197.3 crore in Q2 FY25. - Expenses:
Total expenses stood at ₹2,272.2 crore, up slightly from ₹2,204.1 crore YoY but down from ₹2,304.7 crore in the previous quarter, reflecting improved cost management. - EBITDA and Margins:
EBITDA (calculated as profit before tax plus finance cost, depreciation, and share of profit from associates) showed improvement driven by stable operational efficiency. - Nine-Month Performance:
For the April-December 2024 period, revenue from operations was ₹7,276.3 crore, up 3.3% YoY. PAT for the nine months stood at ₹648.8 crore, a 49.3% increase from ₹434.6 crore during the same period last year.
Outlook:
The company’s strong performance highlights its ability to manage costs efficiently amidst dynamic market conditions.