Image Source: Business Standard
Manomay Tex India Ltd reported consolidated revenue from operations of ₹1.77 billion in the December quarter, alongside a profit of ₹46.3 million from continuing operations. The results highlight steady demand in the textile sector, with analysts noting resilience despite margin pressures and global headwinds affecting India’s apparel exports.
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Key Highlights
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Revenue Performance: Manomay Tex India Ltd posted ₹1.77 billion in consolidated revenue for Q3 FY26, reflecting stable demand across its textile and fabric portfolio.
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Profitability: The company reported a profit of ₹46.3 million from continuing operations, underscoring its ability to sustain earnings despite sector challenges.
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Market Context: The textile industry continues to face global demand fluctuations and rising input costs, yet Manomay Tex India’s diversified product base has helped cushion the impact.
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Operational Resilience: Strong domestic demand and efficient operations contributed to profitability, even as export markets remain under pressure.
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Industry Outlook: Analysts expect India’s textile sector to benefit from government incentives, rising fashion consumption, and digital retail growth, positioning companies like Manomay Tex India for long-term expansion.
Conclusion
Manomay Tex India’s Q3 results highlight steady revenue growth and resilient profitability, reinforcing its position in India’s textile sector despite global headwinds.
Sources: Reuters, Economic Times, Business Standard
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