The consolidated net profit stood at ₹9.16 crore (~$1.05 million) for the quarter, reflecting a strong growth of 92 per cent as against ₹4.78 crore (~$0.55 million) in Q1 FY25. The performance was driven by healthy revenue momentum, efficient cost management, and strategic business initiatives, the company said in a press release.
"Sustained focus on efficiency and quality was the key trigger to nearly doubling our PAT. The Indian textile industry is going through an interesting phase, with the recently concluded FTA with the UK which will open up newer opportunities for the sector. We are extremely bullish on the future of the industry,” Dharmesh Dattani, CFO of Vishal Fabrics Limited, said.
“The company will continue to focus on new geographies for growth, operational efficiency, and value-added product offerings. In the quarters to come our focus will be to expand our presence in Latin America, Europe, Africa and Bangladesh,” concluded Dattani.
ALCHEMPro News Desk (RR)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
