Announced Thu, 3 Jul · 09:27 IST

Pursuant to Regulation 30 of SEBI(LODR) we are submitting herewith the export order received by our subsidiary Hylex Fashion Private Limited for Rs.1013.64 Lakhs

Export Order Hard CurrencyBusiness Updates View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garment Mantra Lifestyle Ltd has disclosed that its subsidiary, Hylex Fashion Private Limited, has received an export order valued at Rs. 1013.64 Lakhs (approximately Rs. 10.14 Crores). The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. This order adds to the revenue pipeline of the subsidiary, which contributes to the consolidated business of the company. Export orders typically support foreign exchange earnings and business growth in the garment/apparel segment.

Likely market impact

This is a positive development as it strengthens the order book and indicates continued demand for the company's products in international markets. For shareholders, this adds visibility on near-term revenue, though the actual impact on stock price will depend on the order's margin profile and execution timeline.