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Latest news about SP Apparels

S.P. Apparels Reports Strong Q2 Performance with Profitable Turnaround in SPUK and Retail Divisions 9 days ago

SP Apparels Limited reported robust Q2 financial results with consolidated revenue up 9.2% YoY to INR 427.00 crores and PAT surging 58.4% to INR 34.70 crores. The garment division saw 10.2% revenue growth, while SPUK and retail divisions achieved positive EBITDA. Export quantity increased by 24% YoY to 18.9 million pieces. The company maintained 83% capacity utilization in India and strengthened operations in Sri Lanka. Despite U.S. tariff challenges, SP Apparels maintains its INR 2,000.00 crores revenue guidance.

S.P. Apparels Strengthens Board with Appointment of Srinivas Chidambaram as Independent Director Nov 15, 2025

SP Apparels Reports Robust Q2 Performance with 58% Surge in Net Profit Nov 14, 2025

S.P. Apparels Invests Rs 43.5 Crore in Sri Lankan Subsidiary for Strategic Expansion Nov 08, 2025

S.P. Apparels Announces Board Changes with Re-appointments and New Independent Directors Sep 05, 2025

More news about SP Apparels

18Aug 25

S.P. Apparels Reports 63% Revenue Surge, Margins Face Pressure

SP Apparels, India's leading manufacturer and exporter of children's knitted garments, reported a 63.3% year-on-year increase in consolidated revenue, reaching ₹4,050.70 crore in Q1. The garment exports segment drove growth with a 35.8% revenue rise to ₹3,729.40 crore. Export volumes increased to 18.6 million pieces, with improved net sales realization of ₹147.20 per piece and 83% capacity utilization. Despite strong top-line growth, the company experienced margin compression, with EBITDA margin declining to 13.5% from 14.4% and PAT margin dropping to 5.1% from 7.3% year-on-year. The UK subsidiary showed revenue growth but continued to report losses.

14Aug 25

S.P. Apparels Reports 63% Revenue Growth in Q1, Proposes Dividend

SP Apparels, a textile industry player, reported robust Q1 financial results. Consolidated total revenue increased by 63.3% to Rs. 4,050.70 million. Consolidated EBITDA rose by 52.8% to Rs. 545.60 million, and profit after tax grew by 14.5% to Rs. 206.60 million. The garment division generated revenue of Rs. 3,729.40 million with an EBITDA margin of 14.6%. Export sales quantity increased to 18.6 million pieces. The board proposed a final dividend of Rs. 2.00 per equity share, subject to shareholder approval.

06Aug 25

S.P. Apparels Board Approves Key Re-appointments, Sets AGM Date, and Recommends Dividend

SP Apparels' Board of Directors has approved several important decisions. The company re-appointed Mr. Sundararajan Perumal Mudaliar as Chairman & Managing Director for three years and two non-executive Independent Directors for five-year terms. MDS & Associates LLP is recommended as the new Secretarial Auditor. The 20th AGM is scheduled for September 1, 2025, with a proposed final dividend of Rs. 2.00 per share. The company's Register of Members and share transfer books will be closed from August 26 to September 1, 2025.

27May 25

S.P. Apparels Reports Strong Q4 Performance with Revenue and Profit Growth

S.P. Apparels announced impressive Q4 financial results. Revenue surged 34.68% to ₹4.00 billion, while net profit increased 6.67% to ₹304.00 million. EBITDA grew 32.84% to ₹542.00 million, though EBITDA margin slightly decreased to 13.55%. The results demonstrate robust growth and operational efficiency, positioning the company well in the evolving apparel industry.