Q1 FY22 Results Presentation
Technical Textiles Business
Key Highlights
o Segment reported a significantly improved performance on account of:
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Improved demand in the Nylon Tyre Cord, Belting Fabrics and Polyester Industrial Yarn segments
Re-structuring of margin profile with long-term customers
o Continued focus on enhancing operational performance across all plants
o Faced certain manpower availability issues due to COVID-19 second wave, leading to marginally lower capacity utilizations
。 TTB facilities in Gummidipoondi, Manali and Gwalior have earned a 100% vendor rating from its marquee clients
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Market Trends
Domestic tyre industry has gained significant momentum:
Strong demand is observed across all TCF segments
○ Farm tyres segment witnessed robust demand due to normal monsoon forecast
o Continual strong demand is observed in two three-wheeler segment due to rise in personal mobility
With the reopening of the mining sector, the belting fabric industry witnessed strong demand
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