Mumbai (Maharashtra) [India], November 15 (ANI/PNN): SVP Global Textiles Ltd, one of the largest compact cotton yarn manufacturers and leading multinational textiles company has reported a Total Income from Operations of Rs 294.1 crore for the quarter ended September 2022, rise of 4.9 per cent Q-o-Q from Rs 280.5 crore reported in the quarter ended June 2022. EBITDA for Q2FY23 was reported at Rs 38.75 crore - higher by 74.4 per cent Q-o-Q from Rs 22.2 crore reported for Q1FY23. The company has improved on operational margins and reduced the loss from Rs 37.15 Crore in Q1FY22 to 20.35 crore in Q2FY23 in spite of continued rising prices of raw cotton.
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