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Revenues of leading Indian denim manufacturers decline in FY24

01 Jul '24
17 min read
Revenues of leading Indian denim manufacturers decline in FY24
Revenues of leading Indian denim manufacturers decline in FY24

Insights

  • Jindal Worldwide's revenue fell to ₹**.** billion (~$****.** million), Arvind to ₹** billion (~$****.** million), Nandan Denim to ₹**.** billion (~$****.** million), and R&B Denims to ₹*.** billion (~$*.** million).
  • Despite revenue drop, Nandan Denim and R&B Denims improved profitability, with net profits rising to ₹***.** million and ₹***.** million, respectively.

India&#**;s leading denim manufacturers reported declines in revenue for fiscal **** (FY**), showcasing mixed performances in terms of net profit and profitability margins. The key players in the industry—Jindal Worldwide Ltd, Arvind Ltd, Nandan Denim Limited, and R&B Denims Ltd—have each faced unique challenges and opportunities over the past year.

Jindal Worldwide Ltd

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