Home / Knowledge / News / Apparel/Garments / Recent market upsurge helps increase earnings – BHRL MD
Recent market upsurge helps increase earnings – BHRL MD
31
May '10
Brandhouse Retails Limited (BHRL), one of the leading fashion retailers in India, announced its results for the financial year ended 31 March 2010.

Financial performance update:

FY2010 results compared with FY2009 results:

• Revenues at Rs 6574.6 million versus Rs 5523.5 million, up 19.0%
• EBIDTA higher by 37.2% to Rs 564.1 million from Rs 411.2 million
• Net profits enhances 21.2% to Rs 162.1 million from Rs 133.8 million
• EPS at Rs 3.02

Commenting on the Q4 & FY2010 results, Mr. Nitin S. Kasliwal, Chairman and Managing Director, BHRL said,

“Our performance during the year is a reflection of the success of our continued efforts to achieve financial and operational excellence. The results showcase the strength of our unique business model which has enabled us to cater to demand across various socio-economic segments of the market leading to superior coverage for our brands. The recent market upsurge and improved customer sentiments have helped increase earnings during the year.

We have been successful in enhancing value and maximizing realisation for our brands by increasing visibility and penetration. Our presence in the domestic retail market space is strong owing to the strategic setting of our stores. We have been continuously focusing on improving cost rationalization and same store sales and these efforts have helped us achieve operational excellence during the year. Our presence in the tier 2 and 3 cities has become one of our biggest strengths recently.

We believe that there is tremendous potential in the domestic retail market and our widening store network and presence at key retail points will allow us to efficiently capitalise these opportunities.”

Brandhouse Retails Limited (BHRL)


Must ReadView All

Israeli minister announces tax cuts on consumer goods

Apparel/Garments | On 14th Dec 2017

Israeli minister announces tax cuts on consumer goods

The Israeli Government will slash taxes by $227 million, finance...

Courtesy: Kelvin Techstyles

Apparel/Garments | On 14th Dec 2017

Kelvin Techstyles fuses style and function in city apparel

Fusing style and function in outdoor clothing, Roseville,...

India’s WPI inflation for textiles up 0.3% in Nov 2017

Textiles | On 14th Dec 2017

India’s WPI inflation for textiles up 0.3% in Nov 2017

India’s annual rate of inflation, based on monthly wholesale price...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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