Mumbai, Aug. 25 -- Crisil Ratings stated that the business risk profile remains strong, as reflected in healthy revenue growth and improving operating performance.

The group reported revenue of Rs 2,576 crore in fiscal 2026, as against Rs 2,226 crore in fiscal 2025, driven by sustained demand across its traditional business segments and steady expansion of its retail footprint. The healthy revenue momentum has sustained during fiscal 2027 as well, indicated by revenue of Rs 446 crore in the first quarter, vis-a-vis Rs 389 crore in the corresponding period of the previous fiscal.

Revenue growth for the full fiscal 2027 will be driven by stable performance in the fabric business and growing contribution of the retail segment. Established ...