 "Vardhman Textiles Q1 Net up over two-fold to Rs 145 cr")
The company had reported a net profit of Rs 54.89 crore in the corresponding quarter of previous fiscal.
Net sales in the quarter under review was at Rs 1,193.61 crore, an increase of 27.03% compared with Rs 939.58 crore in the same quarter last year, the company said in a filing with BSE.
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Revenue from yarn increased by 23.68% to Rs 995.07 crore and that of fabric increased by 42.63% to Rs 449.01 crore in the quarter under review while overall expenses of the company stood at Rs 989.77 crore.
Shares of Vardhman Textiles closed at Rs 297.95 apiece at the end of day's trade, up 5.25% from the previous day's close.
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