Singer India Reports Q1 Revenue Decline Amid Market Challenges, Secures Major Government Order
Singer India Limited experienced a revenue decline in Q1, with a 4% drop in sewing machine revenue and a 14% fall in appliances revenue. Despite challenges, the company secured a significant government order for 2.8 lakh machines valued at over 200 crore rupees under the Pradhan Mantri Vishwakarma Rozgar Yojana. The company's zigzag segment grew by 38%, and new product launches were made. Singer India aims for strong double-digit growth over the next two years and plans to expand its appliances segment and distribution network.
22Jul 25
Singer India Clears Legal Hurdle: Delhi High Court Dismisses PM Vishwakarma Contract Challenge
Singer India Limited received positive news as the Delhi High Court dismissed the writ petition challenging its business partner Kendriya Bhandar's ₹202.7 crore contract under PM Vishwakarma Scheme. The court's January 13, 2026 order removes legal obstacles for supplying 2.81 lakh tool kits including Singer sewing machines, with completion deadline of June 2027.
22Jul 25
Singer India Secures Rs. 202.70 Crore Orders for PM Vishwakarma Scheme
Singer India Limited has received two purchase orders totaling Rs. 202.70 crore to supply 281,128 sewing machines by September 30, 2026, as part of the PM Vishwakarma Scheme. The orders, placed by aggregators of Kendriya Bhandar, include complete sewing machine sets with stands, tables, and motors. The contract allows for a quantity variation of ±25% and requires government clearance. While the order represents a significant opportunity for Singer India, it's noted that the underlying contract is being challenged in the Delhi High Court.
22May 25
Singer India's Q4 Results Show Significant Growth in EBITDA and Net Profit
Singer India Limited has released its Q4 financial results, showing significant growth across key metrics. Revenue increased by 9.09% to ₹1.20 billion, while EBITDA nearly doubled to ₹41.40 million, representing a 92.56% year-over-year growth. The EBITDA margin improved from 1.89% to 3.40%. Net profit surged by 76.09% to ₹40.50 million, compared to ₹23.00 million in the same quarter last year. These results indicate enhanced operational efficiency and effective management strategies.