- Business
- Damodar Industries Limited manufactures and markets synthetic blended yarns, cotton yarns, fancy yarns and specialty yarns in India. The company produces a diverse range of products including air texturizing yarns, cotton yarns, linen blends, special blends, synthetic yarns, yarn-dyed products, multi-color space-dyed yarns, twisted filament yarns, fancy doubling yarns and hollow doubling yarns through processes such as spinning, draw-texturising, twisting, yarn dyeing and multi-print space dyeing; it also engages in yarn trading. Incorporated in 1987 and headquartered in Mumbai, the company operates manufacturing facilities in Dadra, Daman and Amravati, serving industries including embroidery, weaving, shirting, suiting, dress materials, workwear, furnishing, knitting, jersey and rib fabrics; it exports to approximately 40 countries across Europe, South Africa and other regions. In recent developments, the company reported standalone net profit growth including a 55.41% rise to Rs 1.15 crore in the quarter ended September 2025 amid sales increases, alongside board meetings in 2025 approving financial results and strategic matters such as the AGM on August 22, 2025; promoter Arunkumar Biyani pledged shares equivalent to 2.47% in late 2025 to support operations.