| This substantial order reinforces the company's market position as a trusted supplier of high-quality cotton yarn, knitted fabrics, and eco-friendly products. The Union Budget 2025-26 has placed a strong focus on strengthening India's textile, MSME, and manufacturing sectors through strategic policy interventions. Key measures such as the mission for cotton productivity, enhanced credit support for MSMEs, duty restructuring on textiles and leather, and a renewed push for domestic manufacturing are aimed at driving growth, sustainability, and global competitiveness. A political crisis in Bangladesh is prompting global retailers to explore alternatives, including India, for garment imports and exports. Deepak Garg, managing director of A B Cotspin India, said, 'This achievement not only strengthens our position in domestic and international markets but also significantly contributes to increasing our sales and profitability. At the core of our operations is a steadfast commitment to sustainability and innovation'whether through advanced recycling practices, renewable energy utilization, or resource optimization. We expect to achieve Turnover of around Rs 350'400 crore, EBITDA of Rs 50'55 croreand PAT of Rs 30'35 crore for FY 2025'26.' A B Cotspin India is a textile manufacturer based in Jaitu, Punjab. Established in 1997, the company has expanded its operations to include cotton yarn, knitted fabrics, cottonseed oil, and oil cakes. The firm serves both domestic and international markets and is listed on the NSE Emerge exchange. As of 27 March 2025, the company's market capitalization is Rs 479.62 crore on the NSE. The company's consolidated net profit surged 43.8% to Rs 4.07 crore in Q3 FY25 as against Rs 2.83 crore posted in Q3 FY24. Revenue from operations declined 13.6% YoY to Rs 59.24 crore in the quarter ended 31 December 2024. Shares of A B Cotspin India rose 0.40% to Rs 466 on the NSE. Powered by Capital Market - Live News |