Raj Rayon Industries Limited — Important, 02-07-2025: General Updates
02-07-2025 | 10:16 am
02-07-2025 | 10:16 am
Raj Rayon Industries has announced a board meeting to discuss the financial results for the quarter and half-year. The company completed its third consecutive capacity expansion, boosting polymerization, POY, and DTY capacities significantly. Strategic cost-saving initiatives and technology upgrades are improving margins, with EBITDA expected in the 5-7% range for POY and 10-12% for DTY. The company aims to nearly double capacity to 700 TPD and targets INR 2,900 Cr revenues by FY27, leveraging strong synergies with SVG Fashions. Debt reduction and capex of INR 500-600 Cr over 2-3 years support sustainable growth.
No comments yet. Be the first to comment!
