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Vardhman Textiles, Gokaldas Exports Among Systematix' Top Stock Picks To 'Buy' In Textile Pack — Here's Why
The brokerages expects profitability to improve in the coming quarters, driven by stable cotton prices, favorable forex rates, and continued focus on operational efficiency.
19 Feb 2025, 09:52 AM IST 
Although domestic cotton prices remain higher than international prices, the overall demand scenario seems to be improving, which could recover spreads in the coming quarters to support profitability and operational efficiency. (Photo Source: Unsplash)
Textile companies recorded healthy YoY performance with revenue/Ebitda/PAT up 11%/11%/28% YoY on improved volumes and stable realizations. Subdued cotton (down 10% YoY and up 2% QoQ) and stable yarn prices aided YoY gross margin expansion for spinners.
