Wazir Indian Textile and Apparel Index - FY24

Here are some key highlights:

 Wazir Textile Index (WTI):

• Sales Index increased by 2% in FY24 compared to FY23.
• EBITDA Index declined by 10% in FY24 compared to FY23.
• Consolidated sales of selected top textile companies increased by 2% in FY24 compared to FY23.
• Consolidated EBITDA margin as a percentage of sales declined by 1 percentage point in FY24 compared to FY23.

Wazir Apparel Index (WAI):

• Sales Index increased by 0.3% in FY24 compared to FY23.
• EBITDA Index increased by 1% in FY24 compared to FY23.
• Consolidated sales of selected top apparel companies increased by 0.3% in FY24 compared to FY23.
• Consolidated EBITDA margin as a percentage of sales remained unchanged in FY24 compared to FY23.

Overall Performance:

• Consolidated sales for all listed textile and apparel companies declined by 3% in FY24 compared to FY23.
• Consolidated EBITDA for all listed textile and apparel companies declined by 2 percentage points in FY24 compared to FY23.

Read More:- Wazir - Textile Apparel Index - FY24