Vishal Fabrics posts Rs 13.96 crore profit in Q4

For its fourth quarter ended March 31, 2021, Vishal Fabrics posted a net profit of Rs 13.96 crore as against a loss of Rs 9.82 crore posted during the third quarter ended December 31, 2020. The company’s total income grew to Rs 388.10 crore during the period as compared to Rs 294.05 crore during the period ended December 31, 2020.

On a year-on-year basis, Vishal Fabrics posted a net profit of Rs 13.96 crore for the period ended March 31, 2021 as against a net loss of Rs 5.12 crore during the period ended March 31, 2020. The company reported total income of Rs 388.10 crore during the period as compared to Rs 343.81 crore during the period ended March 31, 2020.

A denim manufacturing and fabric processing unit, Vishal Fabrics was incorporated in 1985. The company has been delivering high quality fabrics since matching global standards since the last three decades. The company aims to grow into one of India’s leading dyeing, printing, and processing units.