The company's recent earnings call highlighted an 8% revenue growth and a Profit After Tax of 11 Cr for the last financial year, marking a 75% year-on-year decline.

Key impacts included 20 Cr in US tariff-related discounts, 8 Cr in other customer discounts, and a 2.3 Cr mark-to-market loss on foreign currency loans.

Raw material price increases also squeezed margins.

Looking ahead, new loom installations are expected to drive 12-14% topline growth this year, with an aim for 10-11% EBITDA margins.

The company is actively exploring new markets like UK, Europe, Japan, and Australia to diversify and de-risk from US market dependency, alongside ongoing price negotiations with customers.