Home / Knowledge / News / Textiles / Nakoda Limited Q2 PAT up by 56%
Nakoda Limited Q2 PAT up by 56%
Aug '11
Nakoda Limited, one of the largest manufacturers of the fully drawn yarn, reported a robust growth in revenue and profits for the quarter ended, June 30, 2011.

The company saw an increase in revenue by a whopping 68% from Rs. 309.18 Cr to Rs. 519.88 Cr during the same period for the last fiscal. The profit after tax for the quarter ended June 30, 2011 stood at Rs. 12.07 Cr, resulting into an increase of 56%, as against Rs. 7.76 Cr in the corresponding period of the last fiscal.

The revenue for the half year ended on 30th June, 2011 also rose by 61% from Rs. 602.12 Cr to Rs. 970.75 Cr during the corresponding period of the previous year. Net Profits during the half year increased significantly by 50% from Rs. 15.16 Cr during the corresponding period in the last fiscal to Rs. 22.71 Cr.

Cash profits rose by 89% from 9.65 Cr to Rs. 18.26 Cr during the quarter. Cash profits for the half year ended on 30th June, 2011 also rose by 86% from Rs. 18.82 Cr to Rs. 35.02 Cr during the corresponding period of the previous year.

Income from the Manufacturing Segment rose by 133.72% to Rs. 312.29 Cr from Rs. 133.62 Cr for the quarter under consideration. In the trading segment, the sales touched Rs. 207.58 Cr from Rs. 175.56 Cr, an increase of 18.24%.

Nakoda Limited

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Marten Alkhagen
Swerea IVF AB

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Ritu Kumar
Label Ritu Kumar

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

Mike Hoffman
Gildan Activewear SRL

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

Tony Ward
Tony Ward

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

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

April 2017

April 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