Minaxi Textiles reported a profit of Rs. 0.71 crore (US $ 83,000) in Q4 FY '25, reversing its loss from the previous year. Despite the recovery, both quarterly and annual revenues saw a significant decline.
Manufacturing News
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Manufacturing
Arvind Ltd., reports 7 per cent consolidated revenue increase, warns of margin hit due to US tariffs
As it partially absorbs the impact of US tariff policies, the company also cautioned that its margins may be under pressure in the first two quarters of the current fiscal year.
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Due to efficiency improvements and volume growth, Page Industries Ltd. reported a 51.6 per cent increase in net profit for the March quarter of FY'25, reaching Rs 164 crore (US $ 19.15 million).
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The UK-India free trade agreement, according to the firm, opens up a significant development avenue for regional manufacturing and strategic sourcing.
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Sonavane brings extensive leadership experience to drive the company's strategic growth and innovation.
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The company's strong supply chain network, established vendor ecosystem, and effective execution of sizable institutional orders have been the key drivers of this expansion, according to M.B. Raghunath, CEO of Mafatlal Industries.
