Home / Knowledge / News / Textiles / Himatsingka consolidated revenues for Q1 FY 12 up
Himatsingka consolidated revenues for Q1 FY 12 up
Aug '11
Himatsingka Seide Limited, a vertically integrated home textile major, reported a Consolidated revenues for Q1 FY 12 up by 8.02 % to Rs. 326 Crores.

Consolidated financial performance (Quarter ended 30th June 2011)
- Himatsingka, a vertically integrated home textile major, reported consolidated revenues of Rs. 326.48 crores for the first quarter ended June 30th 2011, as compared to Rs. 302.23 crores in Q1 2010-11 a growth of 8.02 %

- Distribution revenues in North America represented by the Calvin Klein Home brand, the Barbara Barry brand and other private label lines showed an increase of 18.50 % to USD 57.30 million vs USD 48.35 million during Q1 last year. These brands and private label lines are distributed through Divatex and DWI Holdings Inc.

- Distribution revenues in Europe through the “Bellora” brand showed a reduction of 10 % to Euro 4.17 million from Euro 4.64 million during Q1 last year.

- Distribution revenue in India / Middle East /South East Asia as represented through its Atmosphere brand showed a marginal reduction of 1.7 % to Rs. 11.25 crores vs Rs.11.44 crores during Q1 last year.

- Manufacturing revenues (Silk/ Blended Fabrics Division and Bedding Division) grew 3.3 % to Rs.158.53 crores from Rs. 153.43 crores during Q1 last year.

- Consolidated EBITDA for the quarter was higher at Rs 30.31 crores compared to Rs 21.97 crores in Q1 last year, a growth of 38 %.

- Consolidated Profit before exceptional item for the quarter was Rs. 7.34 crores compared to a Net loss of Rs. 6.02 crores for Q1 last year.

- Consolidated Profit before tax (including exceptional item) for the quarter was Rs. 18.62 crores compared to a Net loss of Rs. 6.02 crores for Q1 last year.

Commenting on results Mr. Shrikant Himatsingka, Executive Director, Himatsingka Seide said “In the backdrop of a challenging macroeconomic environment, we are pleased with the growth demonstrated by our manufacturing and distribution divisions during the quarter. While operational profitability has shown significant improvement year on year, we continue to focus on enhancing our operating margins across divisions.”

Himatsingka Seide Limited

Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Larry L Kinn
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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


July 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

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

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

Yes No

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

Yes No

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

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