Textile Index grows marginally for Q1 FY20

摘要

THE Wazir Textile Index (WTI) encompasses the highlights of the cumulative financial performance of the top Indian textile companies with respect to the market performance of the Indian textile sector for Ql FY20.WTI Sales was calculated to be 130.9 during Ql FY20 (Base year FY16=100), which increased by 4% as compared to Ql FY19. The WTI Cost for raw material (RM), employee and other expenses were 145.6, 148.1 & 120.1, respectively, in Ql FY20. The WTI EBITDA was calculated to be 96.6 in Ql FY 20, showing a notable growth of 8% from the value of 89.8 in Q1FY19.The consolidated sales of the selected top 10 companies was ()10,107 crore in Ql FY20 as compared to ()9,694 crore in Ql FY19, growing by 4 per cent y-o-y. As compared to Ql FY19, average EBITDA margin increased marginally by 0.4 percentage points in Ql FY20. Average RM cost decreased slightly by 0.3 percentage points, while the average employee cost increased by 0.3 percentage points in Ql FY20 as compared to the same period during the previous financial year.