Sangam India Ltd. (SIL), one of the leading textile conglomerates with a diverse portfolio, announced that its revenues recorded a stellar increase of 74 percent Y-o-Y for the quarter ending 30th June 2022. SIL recorded revenue of Rs. 717 cr, whereas the revenue for the same quarter in the previous year was Rs. 412 cr. The company’s EBIDTA stood at 98 cr for Q1 FY23 jumped by an impressive 100 percent as compared to Rs.49 cr for Q1 FY22. Domestic sales contributed Rs. 495 cr and the company’s exports contributed Rs. 218 cr to the overall revenue, versus Rs. 177 cr for Q1 FY22.
