O P Lohia, chairman and managing director, Indo Rama Synthetics, said, "Our performance during the year, especially in the second half of the year, was impacted by lack luster performance of the textile Industry which impacted polyester demand and margins. Inspite of that we have registered a healthy top line growth. Polyester demand has been robust over the first quarter of this fiscal, a healthy change in the environment today."
On the Bombay Stock Exchange, the company's shares closed at Rs 29.95, up 4.36 per cent.