AYM Syntex Appoints Textile Industry Veteran James Robert McCallum as Independent Director
AYM Syntex Limited has appointed James Robert McCallum as an Additional Director in a Non-Executive and Independent capacity for a five-year term starting July 26, 2025, subject to shareholder approval. McCallum brings over 40 years of experience in the textile and flooring industry, having held senior positions at companies like Burlington Industries, Lees Carpets, The Mohawk Group, and Milliken Floor Covering. He has also served on the board of the Carpet and Rug Institute for 23 years. The appointment comes as AYM Syntex reported a loss of ₹356.00 lakhs for the quarter ended June 30, compared to a profit in the same quarter last year.
26Jul 25
AYM Syntex Reports Q1 FY26 Loss Amid Revenue Decline; Appoints New Independent Director
AYM Syntex Limited reported a challenging Q1 FY26 with revenue declining 5.97% YoY to ₹326.48 crore and a net loss of ₹3.55 crore. The company appointed Mr. James Robert McCallum as an Additional Director (Non-Executive and Independent) for a five-year term, bringing over 40 years of textile industry experience to the board.
10May 25
AYM Sintex Reports Significant Drop in Q4 FY2023 Net Profit and EBITDA
AYM Sintex, a textile industry player, has released its Q4 FY2023 financial results, showing a significant decline in profitability. Net profit fell by 89.69% year-over-year to ₹20.00 crore, down from ₹194.00 crore in Q4 FY2022. EBITDA decreased to ₹10.90 crore from ₹25.50 crore, with the EBITDA margin dropping to 3.01% from 6.81%. Revenue slightly decreased by 2.70% to ₹360.00 crore compared to ₹370.00 crore in the previous year.