Mumbai (Maharashtra) [India], May 31: The Textile Industry is undergoing continuous stress due to rising cotton prices during FY 22. The pressure is likely to continue till the arrival of the new crop in Sep 22. The spinning mills have taken a major hit. In spite of the prevailing situation, SVP Global Textiles Ltd has reported financial results in FY21-22 with a net profit of Rs 71.28 crore (Net Profit Margin 4.00%) for FY22 as against a net profit of Rs. 24.85 crore (Net Profit Margin 1.75%) in the corresponding period last year, a growth of 186.84%. Income from operations for FY22 was reported at Rs. 1778.37 crore, higher by 25.03% over the previous fiscal’s same period income of Rs. 1422.40 crore. EBITDA for FY22 was reported at Rs. 303.61 crore (EBITDA Margin 17.07 %), a rise of 29.64% compared to EBITDA of Rs. 234.19 crore (EBITDA Margin 16.46%) in FY21. EPS for FY22 was reported at Rs. 5.67 per share as compared to Rs. 1.98 per share in FY21.
The Board of Directors has decided to take adequate steps to substantially reduce the debt. In a major restructuring, the Company is adopting the assetless model and venturing into forward integration of the textile value chain. Under the new model, it will be manufacturing Technical Textiles for which the approval of the Ministry of Textiles under the PLI Scheme has already been accorded. It will also be venturing into the garment segment as a B2C model and manufacture finished garments, innerwear and other consumer items, thereby creating a brand image of its own.
Commenting on the results and performance, Maj Gen OP Gulia, SM, VSM (Retd), CEO, SVP Global Textiles Ltd, said, “Company reported steady performance during FY22 backed by strong operational and financial growth in the testing times post-Covid. The current geopolitical situation, rising cotton and other input prices, along with problems in the supply chain and exports, had an adverse impact on the textile industry. The Company is taking various steps to reduce the debt and venture into the finished garment segment. The value addition will create a brand image and maximize value for shareholders in the near to medium term.”
78 Replies to “SVP Global Textiles Ltd reported Annual Results; net Revenue of Rs 1778.37 Crs up by 25% and PAT of Rs 71 Crs up by 187% Y-o-Y”
Greetings from Florida! I’m bored to death at work so I decided to check out your site on my iphone during lunch break. I enjoy the information you provide here and can’t wait to take a look when I get home. I’m amazed at how quick your blog loaded on my phone .. I’m not even using WIFI, just 3G .. Anyhow, very good site!
Hey there! This is my 1st comment here so I just wanted to give a quick shout out and tell you I truly enjoy reading your blog posts. Can you suggest any other blogs/websites/forums that go over the same subjects? Thanks for your time!
I’m really impressed with your writing skills and also with the layout on your weblog. Is this a paid theme or did you modify it yourself? Anyway keep up the nice quality writing, it is rare to see a nice blog like this one these days..
Just wanna remark that you have a very decent internet site, I like the design it really stands out.
Undeniably believe that which you stated. Your favorite justification seemed to be on the web the easiest thing to be aware of. I say to you, I certainly get irked while people think about worries that they just don’t know about. You managed to hit the nail upon the top and defined out the whole thing without having side effect , people can take a signal. Will likely be back to get more. Thanks
Excellent web site. Plenty of useful info here. I’m sending it to some friends ans also sharing in delicious. And of course, thanks for your sweat!
This web site is my breathing in, real excellent design and perfect subject material.
I like the valuable info you supply to your articles. I’ll bookmark your weblog and take a look at once more right here regularly. I am somewhat certain I will be informed lots of new stuff proper right here! Good luck for the following!
Have you ever considered creating an e-book or guest authoring on other websites? I have a blog based on the same information you discuss and would love to have you share some stories/information. I know my readers would value your work. If you are even remotely interested, feel free to shoot me an e-mail.
What i don’t realize is actually how you are not really a lot more well-favored than you may be right now. You are so intelligent. You realize therefore significantly in the case of this matter, made me individually consider it from numerous various angles. Its like men and women aren’t fascinated unless it is something to do with Woman gaga! Your individual stuffs great. All the time handle it up!
Hey, you used to write wonderful, but the last few posts have been kinda boring… I miss your great writings. Past several posts are just a little bit out of track! come on!
Those are yours alright! . We at least need to get these people stealing images to start blogging! They probably just did a image search and grabbed them. They look good though!
I haven?¦t checked in here for a while as I thought it was getting boring, but the last few posts are great quality so I guess I?¦ll add you back to my everyday bloglist. You deserve it my friend 🙂
You are my breathing in, I own few web logs and very sporadically run out from to post : (.
I am not sure where you’re getting your information, but great topic. I needs to spend some time learning much more or understanding more. Thanks for magnificent info I was looking for this information for my mission.
Thanks – Enjoyed this post, how can I make is so that I receive an email when you publish a fresh update?
Today, I went to the beach front with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone!
Hi, i think that i noticed you visited my site thus i got here to “return the desire”.I’m attempting to to find issues to improve my website!I suppose its ok to use a few of your concepts!!
Agencies frequently reassure potential donors that egg donation is completely safe, but there are some serious risks, even if those risks are rare propecia online pharmacy new york
arimidex 1 mg canada cheap arimidex buy anastrozole online cheap
order naprosyn 250mg generic purchase omnicef pills lansoprazole uk
biaxin tablet buy generic clonidine 0.1mg buy generic meclizine 25 mg
albuterol buy online purchase cipro generic cipro cost
spiriva 9 mcg cheap minocin 50mg uk cost terazosin
buy montelukast generic singulair 5mg pill viagra 100mg us
purchase actos online order actos 15mg for sale order viagra 100mg pills
tadalafil 10mg drug tadalafil pills cialis 10mg
cialis 5mg sale online poker real money real casino slots online
stromectol tablets for humans for sale amantadine 100mg generic purchase dapsone pill
online blackjack with real money online blackjack gambling slots free online
purchase nifedipine online order nifedipine generic order allegra 120mg without prescription
slots meaning free spins no deposit us play roulette online real money
order ramipril 10mg generic order glimepiride 1mg generic etoricoxib 120mg usa
jackpot party casino academic writing service research papers writing
doxycycline pill ventolin inhalator tablet brand clindamycin
online essay writing my father essay writing azulfidine 500 mg generic
oral mesalamine 800mg order astelin 10ml nasal spray irbesartan online order
order olmesartan 10mg pills calan 120mg us buy divalproex 500mg generic
acetazolamide brand order diamox 250mg without prescription order azathioprine 25mg online
Good day!! I know this is somewhat off topic but I was “밤부트위터” wondering which blog platform that allow posting nudes and videos? because in other website can’t post pics and vids. if you want to see my pics kindly visit my timeline and webpage 😉 ,
buy generic lanoxin 250 mg order molnunat without prescription order molnunat 200mg online cheap
Hi, I do believe this is a great website.“오피뷰”
I stumbledupon it 😉 I may revisit once again since I bookmarked it. Money
and freedom is the greatest way to change, may you be rich and continue to guide other people.
brand amoxil buy stromectol 12mg online order stromectol
buy generic carvedilol 6.25mg order elavil 50mg for sale oral elavil 50mg
order priligy 60mg buy dapoxetine generic order domperidone 10mg generic
buy fosamax 70mg generic ibuprofen 600mg oral order motrin 600mg pill
Great site! I am loving it!! Will come back again. I am bookmarking your feeds also.
order indocin pill tamsulosin usa cenforce usa
generic nortriptyline 25mg oral pamelor 25 mg order paroxetine 10mg pills
doxycycline 100mg tablet buy doxycycline 200mg pill buy generic methylprednisolone
buy pepcid famotidine 40mg oral order mirtazapine 15mg for sale
requip 2mg price buy requip generic order trandate 100mg
tricor 160mg canada viagra 25mg viagra 50mg cheap
cheap nexium 40mg lasix 100mg sale furosemide over the counter
order tadalafil 5mg Overnight cialis sildenafil 50mg over the counter
order minocin generic neurontin 600mg oral purchase hytrin generic
Oh my goodness! Incredible article dude! Thank you, However I am going through troubles with your RSS. I donít
understand why I am unable to join it. Is there anybody else getting identical RSS problems?
“성인망가” Anyone who knows the answer will you kindly respond? Thanx!!
buy tadalafil 5mg pill levitra reviews gnc ed pills
metformin without prescription oral calan 240mg buy tamoxifen 20mg online cheap
provigil 100mg tablet purchase promethazine online cheap buy promethazine 25mg online
serophene online order order atorvastatin for sale prednisolone 5mg us
prednisone 5mg cheap buy accutane 10mg online cheap order generic amoxil 500mg
purchase accutane pills prednisone 5mg generic cost acillin
sildenafil 50mg pill order finasteride 1mg pills cost finasteride
stromectol for lice order deltasone 10mg generic buy prednisone 20mg online
buy ondansetron 8mg pill buy amoxicillin 1000mg for sale buy bactrim 960mg pills
accutane online order amoxicillin pills brand azithromycin 250mg
buy ventolin 4mg for sale albuterol 2mg cost augmentin over the counter
buy provigil online cheap order lopressor 50mg generic lopressor ca
buy doxycycline 200mg online cheap purchase doxycycline online cheap zovirax canada
dutasteride generic orlistat price orlistat oral
order imuran 25mg sale buy naproxen sale purchase naproxen without prescription
oxybutynin medication order prograf 5mg online cheap buy oxcarbazepine 600mg sale
cefdinir 300 mg cost buy prevacid 15mg online order protonix without prescription
order zocor 10mg buy promethazine generic sildalis pills
dapsone 100mg tablet buy asacol pills tenormin 100mg uk
canadian viagra and healthcare viagra 100mg price cialis 10mg us