Himatsingka Seide Limited — Updates, 29-05-2025: Press Release
29-05-2025 | 03:46 pm
29-05-2025 | 03:46 pm
Himatsingka Seide reported FY25 revenue of ₹2,843 Cr, down 0.7% YoY, with Q4 revenue at ₹682 Cr (-3%). EBITDA declined 6.2% to ₹579 Cr, and margins contracted to 20.4%. PAT dropped 32.6% to ₹76 Cr, impacted by margin pressure and strategic changes. Spinning capacity utilization rose to 99%, terry towel 68%, while sheeting remained at 60%. Net debt was reduced to ₹2,425 Cr. The company is focusing on expanding its Indian branded business and expects long-term gains from the India-UK FTA despite short-term US tariff challenges.
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