Vardhman Fabrics has an existing processed fabric capacity of 175 million meter per annum. The current capacity utilization level is 90%.
The proposed capital expenditure would be funded from either internal accruals or debt.
With the enhanced capacity, the company expects “to meet increasing demand of processed fabric in both export and domestic markets."
The Vardhman Group is one of the leading textile groups in India, with operations across the yarn, fabric, sewing threads, fibre, special alloys and garment sectors.
Vardhman Textiles had reported 46.57% increase in consolidated net profit to Rs 196.85 crore on a 4.38% rise in net sales to Rs 2,502.42 crore in Q2 FY25 as compared with Q2 FY24.