Home / Knowledge / News / Textiles / Nakoda registers robust financial performance in 2011
Nakoda registers robust financial performance in 2011
14
Feb '12
NAKODA Limited, one of the largest manufacturers of the fully drawn yarn, announced its unaudited financial results for the year ended, December 31, 2011.

The company registered a 59.74% increase in revenue which stood at Rs. 2138.70 crs for the year 2011 as compared to Rs. 1338.89 crs in 2010. In the Q4 company registered a 60.20% increase in revenue which stood at Rs. 609.82 crs for the 2011 as compared to Rs. 380.67 crs in 2010. Overall the business verticals have shown robust performance.

Commenting on the company's performance in the year ended December 31, 2011, Mr. B.G. Jain, Chairman & Managing Director, NAKODA Limited said, “Our results for the year under review are very encouraging. It has been a year of strong performance and consolidation for NAKODA LTD.

Financial Highlights
Full year FY 2011
- Standalone Revenue is up by 59.74% from Rs.1338.89 crs to Rs.2138.70 crs,
- EBITDA is up by 65.72% from Rs. 73.78 crs to Rs.122.27 crs,
- PAT is up by 49.08% from Rs. 33.15 crs Rs.49.42 crs.

Q4 2011
- Standalone Revenue of Rs.609.82 crs, increase of 60.20 % over Q4FY10.
- EBITDA for Q4FY11 was Rs.34.55 crs, increase of 66.75 % over Q4FY10.
- PAT for Q4FY11 at Rs.13.87 crs, increase of 49.62 % over Q4FY10.

Nakoda, an ISO 9001 - 2008 company is one of the prominent players in the Polyester Filament Yarn Industry in the country. With the completion of its ongoing backward integration / expansion / forward integration project with a capital outlay of Rs 333 Cr, Nakoda has achieved a capacity of 1,40,000 MTPA.

NAKODA Limited

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Apparel/Garments | On 25th Mar 2017

Net sales at Christopher & Banks fall 10% in Q4

Net sales totalled $85.0 million for the fourth quarter ended January ...

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

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

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

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

Karan Arora
Karan Arora

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

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:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search