AB Cotspin India gets order to supply cotton yarn worth Rs 5.35 crore

13-Dec-2024 03:58 PM

AB Cotspin India, a prominent textile manufacturing company, has secured a repeat order to supply 273 metric tons of cotton yarn, valued at Rs 5.35 crore.

This order reflects the company's commitment to delivering high-quality products on a regular basis. According to the Managing Director, AB Cotspin India has built a reputation for providing good quality goods promptly, which results in recurring orders from satisfied customers.

Currently, the company is tasked with delivering a total of 973 metric tons of cotton products worth Rs 26.35 crore, further solidifying its growth trajectory in the Indian cotton textile sector.

AB Cotspin India is optimistic about meeting its financial targets for the second year of 2024-25, with projected revenue of Rs 275-290 crore and a net profit of around Rs 32 crore.

Founded in 1997 in Jaitu, Punjab, the company initially started as a cotton ginning unit. Over the past 25 years, it has grown into a fully integrated textile operation, expanding its resources and capabilities.

AB Cotspin India prides itself on maintaining high customer satisfaction, ensuring the continued success of its operations.