Revenue from operations during the quarter rose 9.7% to Rs. 1,126.38 crore (US $ 122.93 million), compared with Rs. 1,026.73 crore (US $ 112 million) a year earlier.
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In her new role, Kumar will lead the company’s sourcing and quality functions, with a focus on building resilient supply chains, strengthening quality standards and scaling vendor partnerships to support the brand’s growth plans.
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BTMA President Shawkat Aziz Russell said the decision to close mills had been taken under compulsion, as mill owners were no longer in a position to service their bank liabilities under prevailing conditions
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Retail
Fashion-tech platform ZILO Appoints stylist Anaita Shroff Adajania as Style Director, Equity Partner
Her contributions will be integrated through a dedicated section on the ZILO app, enabling users to shop complete, stylist-curated looks spanning multiple brands.
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The Southern Indian Mills’ Association (SIMA) welcomed the changes as a timely measure to help the power-intensive textile sector navigate cost pressures arising from volatile export markets and rising compliance expenses.
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Ghosh brings nearly 30 years of leadership experience in the textile industry, with a background in business transformation, operational excellence and innovation across large manufacturing operations.
