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Modern Threads (I) is engaged in the business of manufactures and sells mainly Worsted & Synthetic Yarn and Wool Tops.
Modern Threads (India) Limited's promoters and promoter group affirmed no shares were encumbered, meaning not pledged, during the last financial year. This update signals promoter commitment and financial stability for investors.
Modern Threads (India) Limited has clarified the appointment of Shri Ram Awatar Kabra as Whole-time Director and Executive Director, bringing valuable finance and management experience to the company. Additionally, Shri Mukesh Kumar Soni has been appointed as an Additional Director in the Independent category, contributing significant expertise in accounts and...
Modern Threads (India) Limited has announced a board meeting where the re-appointment of S.S. Surana & Co. as tax auditor for the financial year 2024-25 was approved, along with the appointment of Mr. Naveen Kumar Vijayvargiya as the internal auditor starting March 28, 2025. Mr. Deepak Kacholiya will resign from...
The Board has approved the un-audited financial results for the quarter and nine months ended 31st December 2024. For the quarter, revenue from operations stands at ₹7,232.64 crore, with a net profit of ₹1,037.96 crore after tax expenses. The year-to-date revenue has reached ₹19,844.19 crore, with a corresponding net profit...
**Modern Threads (India) Limited Financial Summary:** For the quarter ended 31st December 2024, Modern Threads reported a total income of ₹7,232.64 crore, reflecting an increase from ₹6,225.15 crore in the same period last year, marking a year-over-year revenue growth of approximately 16.1%. This growth can be attributed to an uptick...