Latest news with #VishalFabricsLimited
Fashion Network
27-05-2025
- Business
- Fashion Network
Vishal Fabrics Limited's profits rose 13% in FY25
Denim fabric manufacturer Vishal Fabrics Limited reported a 13% increase in net profit for the financial year ending March 31, 2025, despite broader market headwinds and global uncertainties. The Ahmedabad-based company posted a profit of Rs 28.84 crore last fiscal, up from Rs 21.13 crore in the 2024 financial year.
India.com
23-05-2025
- Business
- India.com
THIS company's profit rises 13 percent in FY25 despite 'industry headwinds'
इंवेस्टमेंट से पहले रिस्क को जांच लें New Delhi: Denim fabric manufacturer Vishal Fabrics Ltd on Thursday said its profit rose by 13 percent to Rs 28. 84 crore in the financial year ended on March 31, 2025, despite global challenges and industry headwinds. The company had reported a profit of Rs 21. 13 crore in the year-ago period. Total income of the Chiripal Group company rose by 5 per cent to Rs 1,521. 43 crore in 2024-25 from Rs 1,451. 29 crore in FY24. 'Despite global challenges and industry headwinds, our focus on efficiency, quality, and customer satisfaction has enabled us to achieve consistent growth,' Dharmesh Dattani, CFO of Vishal Fabrics Limited, said. Vishal Fabrics continues to strengthen its presence in domestic and international markets through innovation in sustainable manufacturing and digital transformation, the company said in a statement. With PTI Inputs
Mint
28-04-2025
- Business
- Mint
Small-cap textile stock jumps more than 13% after THIS acquisition update. Details here
Stock Market Today: Small-cap textile stock Vishal Fabrics jumped more than 13% during the intraday trades on Monday after it announced this acquisition update. Details here On Monday, 28 April 2025, Vishal Fabrics announced a business update pertaining to an acquisition. The Vishal Fabrics said that it has acquired 528,100 Equity Shares of Nandan Industries Pvt Ltd. The equity shares of Nandan Industries have been acquired by Vishal Fabrics at price of Rs. 123 as per valuation report, amounting of Rs. 6,49,56,300 on dated 28th April, 2025 from shareholder of Nandan Industries Pvt Ltd. Currently Vishal Fabrics Limited holds 23.17% Equity Share Capital of Nandan Industries Pvt Ltd and Nandan Industries Pvt Ltd is already an 'Associate Company' of Vishal Fabrics Limited with effect from 29th March, 2024. Pursuant to the announced transfer as per the company, Vishal Fabrics Ltd post transfer holds 35.41% of Equity Share Capital of Nandan Industries Pvt Ltd. The intent of transfer and acquisition acquire of shares as per Vishal Fabrics is to focus on further development and enhancement of business. Nandan Industries Private Limited is engaged in business of manufacturing, weaving, bleaching, dying, processing, mercerizing, printing, sizing, importing, exporting, purchasing, selling and/or otherwise dealing in yarn of all types of cotton and other fabrics. The Authorized Share Capital of Nandan Industries Private Ltd stands at Rs. 6,81,50,000 divided into 50,40,000 Equity Shares of Rs. 10/- each and 17,75,000 Preference Shares of Rs. 10/-each." Paid-up Share Capital -Rs. 6,09,00,000/-comprises of 43,15,000 Equity Shares of Rs. 10/- each and 17,75,000 preference shares of Rs. 10/- each. Turnover of Nandan Industries Private Limited stood at Rs. 226.04 Crore for the financial year ended on March 31, 2024 Vishal Fabrics share price that opened at Rs. 25.86 gained to intraday highs of ₹ 29.25, which meant gains of more than 13% compared to previous days closing price of ₹ 25.85. The Vishal Fabrics share price ended the day at ₹ ₹ 28.72, more than 11% higher than the previous days close
