Economy

Aastha Spintex bags orders worth Rs 77 cr from various customers

Editorial1 min read
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Aastha Spintex bags orders worth Rs 77 cr from various customers

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Editorial

Mumbai, Jul 13 (PTI) Cotton yarn manufacturer Aastha Spintex Ltd on Monday announced securing orders worth around Rs 77 crore from various entities, showing strong demand traction. The company, in a filing to stock exchanges, stated that the order book of approximately Rs 76.78 crore spanning July through October 2026 represents over 21 per cent of its FY2024-25 revenue, reflecting strong demand traction and improved capacity utilisation post the Falcon Texotube integration. Two of the company's largest and longest-standing customers have placed multiple repeat orders across all four months, demonstrating sustained demand and strong client stickiness, it added. The order book directly reflects the successful integration of Falcon Texotube, which expanded Aastha Spintex's installed spindle capacity from 7,700 MT to 17,457 MT, a 2.3x capacity increase, the company said. PTI IAS MR

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