Vardhman Textiles April-June Yarn Sales Rise; Grey Fabric Output Dips

Vardhman Textiles Ltd. on Tuesday reported higher yarn production and sales for the June quarter, while output of grey and processed fabric declined.

The company produced 68,639 tonnes of yarn in April-June, up from 66,881 tonnes a year ago, and sold 65,329 tonnes versus 62,969 tonnes a year earlier.

Grey fabric production fell to 49.6 million metres from 52.4 million metres, and sales declined to 49.7 million metres from 51.2 million metres.

Processed fabric output dipped to 41.0 million metres from 42.2 million metres, while sales rose to 41.8 million metres from 40.7 million metres.