Vardhman Textiles reports multi fold rise in Q2 consolidated net profit
27th Oct 2021

Vardhman Textiles has reported results for second quarter ended September 30, 2021.

The company has reported multi fold rise in its net profit of Rs 453.80 crore for the quarter under review as against net profit of Rs 49.57 crore for the same quarter in the previous year. Total income of the company increased by 49.75% at Rs 2,371.11 crore for quarter ended September 30, 2021 as compared Rs 1,583.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported multi fold rise in its net profit attributed to the owners at Rs 481.49 crore for the quarter under review as against net profit of Rs 60.22 crore for the same quarter in the previous year. Total income of the company increased by 46.03% at Rs 2,452.54 crore for quarter ended September 30, 2021 as compared to Rs 1,679.48 crore for the corresponding quarter previous year.