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Latest news about Sangam

Sangam (India) Limited Acquires 49% Stake in Clean Max Kenai for Rs 24 Crore Renewable Energy Project Jan 28, 2026

Sangam (India) Limited announced acquisition of 49% equity in Clean Max Kenai Private Limited for Rs 24 crore to develop 20 MW wind-solar hybrid captive power project in Rajasthan. The project, expected to be operational by April 2027, targets annual savings of Rs 26 crore while supporting Sangam's ESG objectives and providing annuity-style returns through long-term captive power arrangements.

Sangam India Limited Reports Strong Q3FY26 Results with 39.3% EBITDA Growth Jan 21, 2026

Sangam (India) Limited Board Meeting Scheduled for January 21, 2026 to Consider Q3FY26 Unaudited Financial Results Jan 14, 2026

Sangam (India) Signs Contract with IB Vogt Solar for 27 MW Solar Power Project Dec 26, 2025

Sangam India Reports 16% Revenue Growth and 32% EBITDA Jump in Q2 FY26 Nov 14, 2025

More news about Sangam

11Nov 25

Sangam India Reports Robust Q2 FY26 Results, Revises Asset Life Estimates

Sangam India Limited reported robust financial results for Q2 FY26. Revenue increased by 15.9% to Rs 775.92 crore, while PAT surged to Rs 23.78 crore from Rs 4.82 crore year-over-year. EBITDA grew by 32.4% to Rs 75.76 crore, with margin improvement to 9.6%. The company revised asset life estimates, resulting in lower depreciation charges and higher profits. The Board approved performance-linked sweat equity shares for promoter group members, setting ambitious targets for future years. Chairman R.P. Soni attributed the strong performance to domestic demand and operational efficiencies.

10Nov 25

Sangam (India) Reports Stellar Q2 Performance with 395% Surge in Net Profit

Sangam (India) Limited has reported strong Q2 FY2025-26 results with net profit soaring 395% to ₹238.00 million. Revenue increased by 15.56% to ₹7,800.00 million, while EBITDA grew 47.74% to ₹752.00 million. The EBITDA margin improved to 9.69% from 7.54%. The company's board approved revising the useful life of certain assets and issuing performance-linked sweat equity shares to promoters, subject to shareholder approval.

15Oct 25

Sangam (India) Limited Expands Renewable Energy Portfolio with 27 MWp Solar Plant

Sangam (India) Limited has expanded its renewable energy portfolio by signing an EPC contract with IB Vogt Solar India Private Limited for a 27.00 MWp solar power plant in Jaisalmer, Rajasthan. This development follows the company's earlier strategic acquisition of stake in CGE II Hybrid Energy Private Limited, demonstrating a comprehensive approach to sustainable energy for its manufacturing operations.

19Sept 25

Sangam (India) Limited Shareholders Approve Key Resolutions at 39th AGM, Including Rs. 2 Dividend

Sangam (India) Limited held its 39th Annual General Meeting on September 19. Shareholders approved a dividend of Rs. 2.00 per equity share and adopted the audited financial statements. V.K. Sodani was re-appointed as Director, and Sudhir Maheshwari was re-appointed as Independent Director for a five-year term. M/s. B.K. Sharma & Associates were appointed as Secretarial Auditors for five years. The meeting also ratified the remuneration of Cost Auditors.

07Aug 25

Sangam India Acquires Recycled Polyester Unit for Rs 52.51 Crores, Appoints New Internal Auditor

Sangam (India) Limited has approved the purchase of a Recycle Polyester Staple Fibre (RPSF) Manufacturing Unit for up to Rs 52.51 crores. The unit has an installed capacity of 45 TPD and is expected to meet about 50% of the company's daily polyester fibre requirement, projecting annual savings of Rs 11.00 crores. This acquisition aligns with the company's backward integration strategy and sustainability goals. Additionally, the board has appointed M/s. Protiviti India Member Private Limited as the company's new Internal Auditor to enhance risk management and internal control processes.

04Aug 25

Sangam India Reports 66% Drop in Q1 Net Profit Despite Revenue Growth

Sangam India's Q1 financial results show a 12.8% increase in revenue to ₹786.00 crore, but a 66% decrease in net profit to ₹43.00 crore. EBITDA declined to ₹54.60 crore from ₹60.30 crore, with the EBITDA margin compressing from 8.65% to 6.95%. The contrasting trends of rising revenue and falling profitability suggest challenges in cost management or market pricing pressures.

29May 25

Sangam (India) Announces Q4 Results: Revenue Up, Profit Down, Declares Dividend

Sangam (India) Ltd. reported Q4 financial results with revenue increasing to ₹7.25 billion, up 3.57% year-over-year. However, profitability declined with EBITDA falling 12.44% to ₹535.00 million and net profit decreasing 24.80% to ₹94.00 million. The EBITDA margin contracted to 7.37% from 8.66%. Despite the profit decline, the company's board recommended a dividend of ₹2.00 per equity share. Notably, net profit improved significantly from ₹5.00 million in the previous quarter to ₹94.00 million in Q4.

16May 25

Sangam India Expands Customer Base, Adds Walmart Supplier Gelmart Industries

Sangam India Ltd., a textile manufacturer, has onboarded Gelmart Industries Inc., a key supplier to Walmart, as a new customer for its garment business. This strategic acquisition could expand Sangam India's market reach, potentially increase revenue, enhance credibility, and diversify its customer base. The partnership may indirectly provide access to Walmart's vast network, although specific agreement details remain undisclosed.

18Apr 25

Sangam (India) Ventures into Denim Manufacturing with New Joint Venture in Odisha

Sangam (India) Limited has signed an MOU with Golden Seams Industries Pvt Ltd to form a joint venture focused on denim manufacturing and laundry operations in Odisha. This strategic move marks Sangam's expansion into the denim sector, potentially diversifying its product portfolio and geographical presence. The joint venture aims to capitalize on the growing denim market and changing fashion trends.