27 December 2024, Mumbai
NSE-listed leading player in the textiles segment, Veekayem Fashion and Apparels grew by 20 per cent in H1, FY25.
From Rs 247.57 lakh in September 2023, the company’s net profit increased to Rs. 296.67 lakh during the six months ended September 2024. Its EPS for the period increased to Rs. 5.05 as against Rs. 4.21 last year.
Total revenue for the six-month period ended September 2024 declined by 17.9 per cent to Rs 12,290.45 lakh as compared with Rs. 14,972.75 lakh for the same period in the previous year. Krishankant Gupta, Managing Director, Veekayem Fashion and Apparels, says, the company is well-positioned to build on its performance in H2, FY25 and the coming quarters.
Established in 1985, Veekayem Fashion and Apparels is a leader in the textile industry with a strong presence in suitings, shirtings, home furnishings, yarn, and garments segments. Some of the company’s products include shirts, denims, trousers, T-shirts, jackets, pullovers, shorts, and accessories for men, women and kids. It ensures the standard quality of its products by using the latest machinery and technologies.
Some of the key clients of Veekayem Fashion and Apparels include Indian Terrain, Raymond, Pantaloons, Peter England, Scullers, Siyaram's, Blackberry's, Excalibur and Arrow, etc.
