Home / Knowledge / News / Apparel/Garments / Profits increase by 43% at Koutons Retail
Profits increase by 43% at Koutons Retail
03
Nov '08
Koutons Retail India Ltd., one of the leading Retail companies in India, today reported a Net Sales of Rs. 282.40 crores for the quarter ended September 30, 2008. PAT stood at Rs. 19.58 crores . The operating margin for Q2 FY09 was at 17.36 %.

Net Sales for H1FY09 stood at Rs. 440.23 crores while PAT stood at Rs. 30.42 crores . The operating margin for Q2 FY09 stood at 17.36 %.

Commenting on the company's performance, Mr. DPS Kohli, Chairman, Koutons Retail India Ltd., said “We are extremely pleased to report an operationally good financial year. The PAT for the half year increased by 43% which is a very positive sign for the company and its patrons.

The half yearly sales is not indicator of the forthcoming revenues for the whole year as historically H2 sales are much higher comparable to H1 sales. The launch of Lesfemme (womens wear) and Koutons Jr. (kids wear) will continue to maintain the healthy growth of the company as a whole. By next month we are also ready to launch into men's footwear market which will further push our growth.”

He added by saying, “Koutons will continue to focus on maintaining and reinforcing the image of its existing exclusive brand outlets and also introduce its apparel to new geographical areas. Assessing fashion trends, making fashion forecasts and offering products to match the global fashion movements will keep Koutons at the leadership position for times to come. We will continue the mantra of Koutons Retail India Ltd. “fashion & quality at affordable prices”.

About Koutons Retail India Ltd.:

Koutons Retail is the leading manufacturer of readymade and stylish fashion wear brand in the country today. It has more than 1420 outlets with a wide range of apparels in men, women and children wear.

Koutons established its operations as Charlie Creations Pvt. Ltd. in garment manufacturing and exports in early 1991 under the brand name 'Charlie Outlaw'. It started the business of designing, manufacturing and retailing of apparels including formal shirts, trousers, jackets etc for men.

In 1999, Koutons was born with the forward visionary thought of providing affordable men wear for masses. Today, known as Koutons Retail India Ltd., it has two brands Koutons & Charlie Outlaw. Company moved up the value chain from a garment manufacturer to a retailer by launching its first own stores in 2002.

Recognizing the contribution and undisputable position that the company enjoys in the retail segment today, Koutons is slated as the Most Admired Fashion Group for the year 2008 by Image Fashion Awards. Koutons Retail India Ltd has won the prestigious “Chain Store of the Year” Award at the National Awards for the excellence in Apparel business organized by CMAI.

Chairman Mr DPS Kohli was awarded “Most Admired Fashion Face of the year” at images fashion award, 2008 at Mumbai and also credited with another award of “Brand Entrepreneur of theYear” at the APEX AWARDS 2007 organized by CMAI.

Koutons Retail


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Courtesy: IMRG

Apparel/Garments | On 23rd Jun 2017

UK online retail sales up only 10.2 pc YoY in May 2017

UK online retail sales were up 10.2 per cent year-on-year (YoY) in...

Courtesy: Radicigroup

Textiles | On 23rd Jun 2017

Radici Chimica focuses on business continuity

Radici Chimica SpA, a strategic RadiciGroup company, is keen on...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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