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PNN
Mumbai (Maharashtra) [India], December 17: A B Cotspin India Ltd. (NSE: ABCOTS), one of the leading textile manufacturers based in North India, is pleased to announce the receipt of an repeat order worth Rs 5.35 Cr for supplying 273 MT of Cotton Yarn. This repeat order underscores the company's continued growth and strong customer trust in its high-quality products. This order is a testament to A B Cotspin's strong market standing and unwavering commitment to sustainability and innovation in the textile sector. Cotton Yarn, known for its environmentally friendly and socially responsible production processes, aligns with the company's strategic focus on promoting sustainable practices and meeting the evolving demands of eco-conscious customers. Commenting on this achievement Deepak Garg, Managing Director of the A B Cotspin India said, "We are delighted to secure this significant repeat order, which reaffirms the trust our clients place in our ability to deliver exceptional-quality products consistently. This achievement reflects our unwavering focus on sustainability, cutting-edge manufacturing technologies, and stringent quality standards, which have solidified our reputation as a trusted and preferred partner in the textile sector. As we continue to align with the evolving needs of eco-conscious customers, our commitment to excellence remains at the forefront of everything we do. With an impressive order book of approximately 973 MTs valued at Rs 26.35 Cr,, we are well-positioned to cater to future demand and drive sustained growth in the textile industry. The consistent flow of repeat orders not only demonstrates the satisfaction of our clients but also enables us to confidently achieve the projected targets for FY 2024-25 Financial Projections of Sales between Rs 275 Cr - Rs 290 Cr & EBITDA of around Rs 32 Cr. At A B Cotspin, we are Crafting Excellence, Thread by Thread, with a strong commitment to honesty and quality. As we move forward, we remain steadfast in our vision of achieving greater milestones" (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
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