ALPHA TRIBE

Vijay Textiles LtdUpdates, 03-07-2025: Company Update

03-07-2025 | 10:57 pm

Vijay Textiles Limited has announced a board meeting to close its retail showroom in Kothapet, Hyderabad, effective July 3, 2025, to optimize operational costs. This showroom contributed ₹181.30 lakhs to revenue, representing 22.34% of the company’s turnover, though the unit had a negative net worth. The company will continue retail operations through its other locations, and the closure is not expected to materially impact overall business performance. This move reflects efforts to streamline expenses without affecting core operations.

No comments yet. Be the first to comment!

All announcements from Vijay Textiles Ltd