Sangam (India) Ltd

Sangam (India) Limited reported its Q1 FY27 performance, highlighting an 8.1% year-on-year revenue growth to ₹867 crore, driven by healthy demand and effective execution. Profit after tax increased significantly to ₹41 crore from ₹2 crore in Q1 FY26, with EBITDA rising 59.6% to ₹112 crore and an EBITDA margin of 12.9%. Management noted high capacity utilization rates, particularly in denim fabric at 98% and PV fabric at 97%. The company announced a capital expenditure plan of approximately ₹1,500 crore to be completed by March 2029, aimed at enhancing integration from fiber to garment. This plan is fully funded through internal accruals and term debt. The presentation also emphasized the company's commitment to sustainability through renewable energy investments and a focus on reducing carbon footprint.

Management emphasized strong performance and growth initiatives.