Vishal Fabrics aims in coming 2 years to touch Rs 2,000 cr top-line

22 November 2021, Mumbai:

The Ahmedabad-based company is also encouraged by the two "exceptional quarters in the first half of this fiscal, in which it has crossed a top-line of Rs 697 crore, said Vishal Fabrics CFO Vinay Thadani.

Denim maker Vishal Fabrics aims for a Rs 2,000 crore top-line in the next two fiscals, helped by expansion in the domestic market led by increasing adaptability of denim and exports, where it is exploring new markets across other geographies, said a top company official Vishal Fabrics is also investing in the expansion of its current capacity to increase denim production, which will help it to cater for the creasing domestic demand as well as the new exports market.

The Ahmedabad-based company is also encouraged by the two exceptional quarters in the first half of this fiscal, in which it has cressed a top-line of Rs 597 crore, said Vishal Fabrics CFO Vinay Thadani.

Like other companies Vishal Fatines part of Rs 10,000 crare conglomerate

Chimpal Group had taken a hit in severe in the pandemic impacted FY21 but has not recovered. ET

(The news article has not been edited by DFU Publications staff)

Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India, Noida

Return to homepage