Vardhman Textile reported its September quarter results on Thursday, October 23, which were mixed on a year-on-year basis across all parameters.
The company reported a 5% drop in its overall net profit to ₹187 crore for the September quarter. It had reported a net profit of ₹197 crore during the same period last year.
Revenue for the quarter also declined by 1% to ₹2,480 crore, compared to ₹2,505.5 crore last year.
Vardhman Textile's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose by 6% to ₹334, while margin expanded by 90 basis points on a year-on-year basis to 13.5% from 12.6% in the year-ago quarter.
Despite all the Trump tantrums, the company has managed to improve margins.
The company has limited direct exposure to the US market but it is indirectly ser