Last 34.90 INR
Change Today +0.10 / 0.29%
Volume 2.5K
VP On Other Exchanges
Symbol
Exchange
Natl India
As of 7:06 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

vardhman polytex ltd (VP) Snapshot

Open
35.00
Previous Close
34.80
Day High
36.00
Day Low
34.15
52 Week High
05/7/13 - 67.65
52 Week Low
03/13/14 - 28.00
Market Cap
691.6M
Average Volume 10 Days
3.3K
EPS TTM
-3.05
Shares Outstanding
19.8M
EX-Date
09/18/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VARDHMAN POLYTEX LTD (VP)

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vardhman polytex ltd (VP) Details

Vardhman Polytex Limited is engaged in spinning and dyeing yarns in various blends. The company offers yarns, including grey and organic cotton yarns, compact yarns, modal and cotton/modal blends, bamboo and cotton/bamboo blends, slub/multicount yarns, lycra/spandex blended core spum yarns, and polyester cotton yarns. It also provides fabrics, including yarn dyed shirting fabrics in 100% Giza cotton with VAT colors, yarn dyed shirting fabrics with linen in weft, yarn dyed shirting fabrics for ladies tops with lycra in weft, various fabric constructions, and fabrics with mechanical and chemical finishes. In addition, the company manufactures garments, such as T-shirts, shirts, trousers, cargo, shorts, and jackets for children, ladies, and gents. It offers its products through dealers and agents in India and internationally. The company was founded in 1986 and is based in Ludhiana, India.

Founded in 1986

vardhman polytex ltd (VP) Top Compensated Officers

Chairman, Managing Director, Chief Executive ...
Total Annual Compensation: 1.1M
Director of Group Corporate Affairs & Busines...
Total Annual Compensation: 1.1M
Compensation as of Fiscal Year 2013.

vardhman polytex ltd (VP) Key Developments

Vardhman Polytex Ltd. Announces Unaudited Financial Results for the Third Quarter and Nine Months Ended December 31, 2013

Vardhman Polytex Ltd. announced unaudited financial results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported profit from operations before other income, finance costs & exceptional items of INR 82.23 million against INR 110 million for the same period of last year. Profit from ordinary activities before tax was INR 5.84 million against loss of INR 53.62 million for the same period of last year. Net profit for the period was INR 17 million or INR 0.95 per basic and diluted share against INR 50.55 million or INR 3.11 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 2,346 million against INR 2,039 million for the same period of last year. For the nine months, the company reported profit from operations before other income, finance costs & exceptional items of INR 433 million against INR 300 million for the same period of last year. Profit from ordinary activities before tax was INR 87.28 million against loss of INR 65 million for the same period of last year. Net profit for the period was INR 106.3 million or INR 5.91 per basic and diluted share against loss of INR 44 million or INR 2.7 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 6,722 million against INR 5,650.6 million for the same period of last year.

Vardhman Polytex Ltd. Approves Alteration of Memorandum of Association

Vardhman Polytex Ltd. announced that its Board of Directors meeting held on February 14, 2014 approved alteration of Memorandum of Association of the company by shifting the other object in the main object subject to approval of shareholders.

Vardhman Polytex Ltd., Board Meeting, Feb 14, 2014

Vardhman Polytex Ltd., Board Meeting, Feb 14, 2014. Agenda: To consider the quarterly results; to approve alteration in the Memorandum of Association of the company; and to approve amendment/addition in the terms of remuneration of Mr. Ashok Goyal, Executive Director.

 

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