Vardhman Textiles Result, a textile company, has released its standalone quarterly numbers for March 2023. The reported net sales for the quarter amounted to Rs 2,428.43 crore, indicating a decline of 8.08% compared to March 2022 when it was Rs. 2,641.97 crore.
The quarterly net profit for March 2023 stood at Rs. 150.41 crore, reflecting a significant decrease of 53.39% from March 2022, where it was Rs. 322.68 crore. Similarly, the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for March 2023 was Rs. 331.58 crore, down 40.23% from March 2022 when it stood at Rs. 554.74 crore.
The earnings per share (EPS) for Vardhman Textiles also witnessed a decline, decreasing to Rs. 5.20 in March 2023 from Rs. 11.17 in March 2022.
Vardhman Textiles Share Results
Vardhman Text Consolidated March-23 Net Sales at Rs 2,485.61 crore, down 8.18% Y-o-Y
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