Home / Knowledge / News / Textiles / Aarvee Denims Q3 net profit declines significantly
Aarvee Denims Q3 net profit declines significantly
17
Feb '12
There has been a significant decline of 57.42 percent in the net profit posted by Ahmedabad-based Aarvee Denims & Exports Ltd for the quarter ended December 31, 2011.

The company registered net profit of Rs. 36.64 million during October-December period, as against its net profit of Rs. 86.04 million during the corresponding quarter of 2010.

However, there was a rise in the company's total income, which increased from Rs. 1.224 billion during the third quarter of 2010-11 to Rs. 1.590 billion during the Q3 of 2011-12, showing a growth of 29.87 percent.

During the first three quarters of the current fiscal, the company recorded a net profit of Rs. 108.10 million, down 60.56 percent from Rs. 274.09 million of net profit achieved during the initial nine months of fiscal 2010-11.

The overall income of the firm during the first nine months of fiscal 2011-12 rose to Rs. 4.727 billion, up 35.71 percent from total income of Rs. 3.483 billion recorded during April-December 2010.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler
Groz-Beckert

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

Larry L Kinn
Suominen Corporation

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Madhu Jain
Madhu Jain

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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
February 2017

February 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