Vardhman Polytex
7.06
-0.60(-7.83%)
Market Cap₹323.98 Cr
PE Ratio-
IndustryTextiles
Company Performance:
1D-7.83%
1M+16.50%
6M-32.12%
1Y-36.85%
5Y+285.79%
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More news about Vardhman Polytex
03Dec 25
Vardhman Polytex Limited Announces Changes in Board of Directors
Vardhman Polytex Limited has made significant changes to its Board of Directors. Mr. Suresh Kumar Banka has been appointed as an Additional Director (Non-Executive & Independent), while Mrs. Manju Oswal has resigned from her position as a Director. These changes could potentially influence the company's strategic direction and governance practices.
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14Nov 25
Vardhman Polytex Reports Turnaround with Rs. 665.38 Lakh Profit in H1 FY2026
Vardhman Polytex Limited has reported a significant financial turnaround for the half-year ended September 30, 2025. The company posted a net profit before tax of Rs. 665.38 lakhs, compared to a loss of Rs. 1,012.44 lakhs in the same period last year. Operating profit before working capital changes improved to Rs. 1,326.52 lakhs from a loss of Rs. 1,182.97 lakhs. However, the company faced challenges with negative cash flow from operating activities of Rs. 591.73 lakhs. Total assets increased to Rs. 28,605.27 lakhs, but the company still reports negative equity of Rs. 22,059.90 lakhs. Management remains focused on sustaining the positive momentum while addressing working capital and equity position challenges.
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13Aug 25
Vardhman Polytex Concludes Utilization of Rights and Preferential Issue Funds
Vardhman Polytex Limited has announced the complete utilization of funds raised through its Rights Issue in October 2024 and Preferential Issue in March 2025. The company will discontinue submitting the Statement of Deviation/Variation for fund usage from Q2 FY2026. The Audit Committee has noted this development. Financial results for Q1 FY2026 show revenue from operations at ₹63.28 crore and net profit after tax at ₹1.94 crore, both down from the previous year.
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10Mar 25
Vardhman Polytex Shuts Down Ludhiana Plant, Shifts Focus to Real Estate Monetization
Vardhman Polytex Limited announced the closure of its manufacturing unit in Ludhiana, Punjab by March 31, 2025. This strategic move aims to monetize the plant's real estate to repay outstanding liabilities and support future growth. The Ludhiana unit contributed 79.14% of the company's operational revenue in the last financial year. Vardhman Polytex reported a negative net worth of Rs. 36,103.76 lakh, highlighting financial challenges prompting this shift.
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Vardhman Polytex
7.06
-0.60
(-7.83%)
1 Year Returns:-36.85%
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