Vishal Fabrics Ltd., a premier supplier of top quality stretch denim fabric, has announced that its board meeting held on October 25, 2024, approved the Standalone and Consolidated Un-Audited Financial Results of the Company for the quarter and half year ended 30th September, 2024.
For the quarter ended 30 September 2024 (Standalone), the revenue from operations were reported at Rs. 38478.40 Lakhs. EBITDA grew 41% YoY, from Rs. 2165.06 Lakhs (Q2FY24), to Rs. 3052.13 Lakhs (Q2FY25). EBITDA Margin was reported at 7.93%. PBT rose 92% YoY to Rs. 1201.62 Lakhs, and PAT was reported at Rs. 649.56 Lakhs, a growth of 46% YoY.
For the half year ended 30 September 2024 (Standalone), the revenue from operations were reported at Rs. 72740 Lakhs. EBITDA grew 34.38% YoY, from Rs. 4257.31 Lakhs (H1FY24), to Rs. 5720.84 Lakhs (H1FY25). EBITDA Margin was reported at 7.93%. PBT rose 110.28% YoY to Rs. 2031.56 Lakhs, and PAT was reported at Rs. 1127.38 Lakhs, a growth of 66.54% YoY.
Earlier, the board allotted compulsorily convertible warrants at a floor price of Rs. 30.60 per warrant to persons belonging to non-promoter category, aggregating to Rs. 153 Cr. FPIs North Star Opportunities Fund VCC Bull Value Incorporated VCC Sub-Fund, Eminence Global Fund PCC- EUBILIA Capital Partners Fund, and other public category persons Elysian Wealth Fund (Formerly Silver Stallion Ltd)& Vikasa India EIF I Fund.