Home / Knowledge / News / Apparel/Garments / Sudar Garments Q2 net sales increased by 46%
Sudar Garments Q2 net sales increased by 46%
Nov '11
Sudar Garments Limited, leading manufacturer and exporter of readymade garments, specialized in stylish shirts, trousers and wide range of apparel for men, women & kids, is pleased to announce its financial results for the second quarter & half year ended September 30, 2011.

The company has reported Net Sales / Income from Operations up by 46 % to Rs.3736 lakhs for the quarter ended September 30, 2011 as against Rs. 2557 lakhs for the sane period last year..With this the total revenue during the first half rose by 36% to Rs. 6727 lakhs from Rs. 4925 lakhs for the same period last year.

The company's PAT for the quarter ended September 30, 2011 was Rs. 97 lakhs and for the first half it has toched Rs. 292 lakhs.

Commenting on the financial performance of the company, Mr Murugan Thevar, Chairman and Managing Director of Sudar Garments Ltd says, 'We are witnessing good growth at present and would appreciate our team for the good job of tightening expenses while at the same time protecting investments in innovation and customer-focused approach have resulted in growth in revenues.

Further, Sudar Garments Ltd intends to have a total of 25 Retail outlets in major cities of South India. Out of these, the company proposes to open 10 own retail outlets on leased premises and balance 15 retail outlets proposed to be operated on franchisee basis. It has finalized the locations for the proposed own outlets in the Chennai city. All these retail outlets shall operate under its brand name “Sudar Garments” Glory to Glory” “St. Paul” and “Majesty”.

“The Company's growth strategy include penetration across different consumer segments and demographics through its brand, increase geographic penetration by spreading the network of exclusive brand outlets, enhance manufacturing capacities, target the growing segments, strengthen the competitive position and recognition of its brands,” emphasizes Mr. Murugan Thevar.

The promoter, Mr. Murugan M Thevar has been associated with the apparel manufacturing business since 1992 and the Company has installed capacity of 20 Lacs Pieces of garments and proposes further expansion. The company is presently manufacturing under its own brand name “Glory to Glory” and will be launching two more brands namely 'St. Paul' and 'Majesty' along with setting up of retail outlets and also brand building exercise.

Sudar Garments Limited

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search