Filatex India reported a 21.22% year-on-year increase in standalone revenue to Q2 FY '27, while profit after tax rose 12.40%. EBITDA increased 2.36%, although margins declined to 6.98%
Manufacturing News
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Grasim Industries reported an 187% year-on-year increase in standalone net profit to Rs. 2,306 crore (US $245.2 million) in Q2 FY '27, supported by higher revenue and EBITDA.
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Bhartiya International Limited reported a 54.5% year-on-year increase in standalone net profit to Rs. 23.8 crore (US $2.53 million) in Q2 FY '27, compared with Rs. 15.4 crore (US $1.64 million) in the corresponding quarter last year.
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Tirupur-based apparel and textile manufacturer Garment Mantra Lifestyle Limited reported a consolidated net profit of Rs. 3.58 crore (US $0.38 million) in H1 FY '27, compared with a net loss of Rs. 0.64 crore (US $0.07 million) in H2FY '26.
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Vardhman Polytex Limited has reached an amicable settlement with M/s. Bhagwati Cotton Company, resolving insolvency proceedings initiated against the textile manufacturer before the National Company Law Tribunal (NCLT), Chandigarh Bench.
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Sanathan Textiles reported a 120.5% year-on-year increase in consolidated revenue to Rs 1,804 crore (US$190.1 million) in Q2 FY27. Net profit rose 204.5% to Rs 61.2 crore (US$6.4 million), supported by the ramp-up of its Punjab facility and higher capacity utilisation.
