Pearl Global Q2 Profit Rises 29%, Unveils Rs 250 Cr Capex Plan
Pearl Global Q2 profit up 29% to Rs 72 crore; revenue grows 9% to Rs 1,313 crore. Announces Rs 250 crore expansion and Rs 6 dividend.
Pearl Global Q2 profit up 29% to Rs 72 crore; revenue grows 9% to Rs 1,313 crore. Announces Rs 250 crore expansion and Rs 6 dividend.
Even as the short-term prospects look grim, the situation reinforces the urgency of diversifying markets, driving innovation, and bolstering policy support
The rating agency Icra has said that India’s apparel exports are likely to grow by 8 to 9 per cent in the financial year (FY) 2025, benefitting from the low base and with replenishment of stock in the United States (US) and the European Union (EU) regions. Following the tepid demand environment in FY24, Icra […]
The Union Cabinet has given the green light for the extension of the Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for the export of apparel/garments and made-ups. The approval comes to foster a stable policy regime, crucial for the long-term planning of trade, particularly in the textile sector where advance orders […]
The rating agency Icra in a report has said that apparel exports are expected to improve from H2 FY2024, on the back of expected demand recovery in the United States (US) and European Union (EU) regions. The rating agency expects its sample companies to report a mild two to three per cent year-on-year (YoY) revenue […]