SVP Global Ventures Records Sustained Growth Despite Pandemi

SVP Global Ventures Records Sustained Growth Despite Pandemic


SVP Global Ventures Records Sustained Growth Despite Pandemic
Jul 22, 2021, 09:17 IST
Revenue for Q1FY22 stood at Rs. 411.85 crs
EBIDTA for Q1FY22 stood at Rs. 91.38 crs with margins increasing from 16.4% in Q4FY21 to 22.19%
Consolidated PAT for Q1FY22 stood at Rs. 39.18 crs an increase from 6.74% in Q4FY21 to 9.51%
Mumbai: SVP Global Ventures Ltd, one of the fastest-growing multinational cotton yarn manufacturers in the country and a leading manufacturer of Combed Compact cotton yarn, declared its Q1FY22 results. The Company sustained the growth posted in the last 2 quarters despite the second wave of COVID 19, which affected the manufacturing industry adversely; despite the decline in revenue, EBITDA and PAT margins increased.

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