Home / Knowledge / News / Textiles / Bombay Dyeing's net loss widens in Q1
Bombay Dyeing's net loss widens in Q1
05
Aug '11
Bombay Dyeing, a well-known Indian textile company, has posted a net loss of Rs. 397.9 million during the first quarter of the current fiscal year 2011-12, compared to a net loss of Rs. 306.1 million during the corresponding quarter in fiscal year 2010-11, thus increasing its net loss by almost 30 percent.

High expenses including in purchase of traded goods, decline in net sales, and increase in consumption of raw materials are the factors that led to the widening of net loss.

The firm's net sales declined to Rs. 3.98 billion during the quarter ended June 30, 2011 compared to net sales of Rs. 4.18 billion achieved during the same period in previous fiscal, registering a decline of 4.86 percent.

While the company's raw material consumption rose to Rs. 3.20 billion from Rs. 2.47 billion, i.e. an increase of 29.52 percent, its purchase of traded goods increased from Rs. 148.1 million to Rs. 244.2 million.

For the financial year 2010-11, Bombay Dyeing had registered a profit of Rs. 213.9 million.

Fibre2fashion News Desk - India


Must ReadView All

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

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

Robert Brunner
Devereux

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

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
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

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



X