For the second quarter Vardhman Textiles’ total income was Rs 2,452.54 crores against Rs 679.48 crores in the corresponding quarter of previous year and Rs 1,971.96 crores in the previous quarter. Net profit was Rs 481.49 crores against Rs 60.22 crores in the corresponding quarter of the previous year and Rs 314.70 crores in the previous quarter.

For the six month period, the company’s total income was Rs 4,424.50 crores as against Rs 2,540.11 crores in the previous year. Net profit was at Rs 796.19 crores compared to Rs 4.07 crores in the previous year.

Vardhman Textiles is a textile and apparel major that is into manufacturing of high-end premium quality shirts for large retail brands Van Heusen, Benetton, Sisley, Color Plus, among many others. Vardhman, which began operations in 1965, is engaged in the business of manufacturing yarn, fabric, acrylic fiber, garments, sewing threads and alloy steel. The group has over the years developed as a business conglomerate with a presence in India and in 75 countries across the globe.