Leading textile firm, BSL’s Q2, FY25 net profit increased by 9.3 per cent to Rs 2.5 crore while its revenue for the quarter grew marginally to Rs 179 crore as against Rs 178 crore in the corresponding quarter of the previous fiscal year.
Nivedan Churiwal, Managing Director, BSL, says, the company’s H1, FY25 revenue also increased by 341.8 crore while net profit expanded by Rs 4.8 crore demonstrating strong demand in the market and sound operational execution.
BSL has successfully maintained its growth trajectory by expanding into new markets and strengthening connections with its current customer base, creating a strong foundation for further growth. Having a positive outlook for the upcoming quarter, the company anticipates an improvement in the performance of the domestic and international textile sector, he adds.
BSL operates a vertically integrated unit integrating spinning, weaving, processing, and manufacturing capabilities. Besides ‘BSL,’ the company also sells premium fabrics under the ‘Geoffrey Hammonds’ brand.