Management discussed improved industry dynamics with yarn export demand surging due to Chinese buying and US tariff removal.
Cotton prices aligned with global markets, improving spinning spreads from $0.65 to $0.90-$0.95 per pound.
Company reported $57-58 crore forex mark-to-market loss impacting Q4 EBITDA margins despite gross margin expansion.
Capex modernization nearly complete with new fabric lines expected to reach full utilization in 6-9 months.