Sangam India Q1 Net Profit Jumps 18x to Rs41 Cr; Approves Rs1,500 Cr Capex Plan
India, July 20 -- Integrated textile manufacturers are increasingly focusing on operational efficiency, value-added products, and forward integration to improve profitability amid evolving domestic and export demand. Reflecting this trend, Sangam (India) delivered a healthy operational performance in the first quarter of FY27 while outlining a long-term expansion roadmap that aims to strengthen its position across the textile value chain.
Shares of Sangam (India) Limited were trading at Rs 619.2, down by 2.79 percent from the previous close of Rs 636.95. The stock opened at Rs 654.95, touching an intraday high of Rs 672.5 and a low of Rs 615.15. The company currently has a market capitalisation of Rs 3,129 crore.
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