Nandan Denim Limited, a prominent player in the global denim industry, has unveiled its financial performance for the quarter and half-year ended September 30, 2024. The company’s strong performance reflects the growing demand for denim products and the company’s strategic focus on operational excellence.
Key Highlights for Q2 FY25:
- Revenue from Operations: Up 105% YoY to Rs 820.25 million.
- EBITDA: Increased by 12% YoY to Rs 344.65 million.
- Profit After Tax (PAT): Grew by 7% YoY to Rs 87.78 million.
Key Highlights for H1 FY25:
- Revenue from Operations: Up 62.25% YoY to Rs 1,571.87 million.
- EBITDA: Increased by 43.98% YoY to Rs 689.48 million.
- Profit After Tax (PAT): Grew by 64.23% YoY to Rs 162.69 million.
FY24 Performance:
Despite a slight decline in revenue from operations, Nandan Denim achieved significant growth in profitability. EBITDA surged by 40.67% YoY, driven by improved operational efficiency and cost management. PAT witnessed a remarkable 8,384.91% YoY growth, underscoring the company’s strong financial performance.
Strategic Focus and Future Outlook:
Nandan Denim’s commitment to innovation, quality, and customer satisfaction has enabled it to maintain its leadership position in the denim industry. The company’s extensive product range, coupled with its strong brand reputation, has contributed to its consistent growth.
As India’s textile industry gears up for substantial growth, driven by increasing domestic demand and global exports, Nandan Denim is well-positioned to capitalise on these opportunities. The company’s focus on sustainability, technological advancements, and strategic partnerships will further strengthen its market position and drive future growth.
