Home / Knowledge / News / Textiles / KG Denim's net profit skyrockets in FY12
KG Denim's net profit skyrockets in FY12
13
Jun '12

 

KG Denim, the Coimbatore, India-based premier denim and apparel fabric manufacturer, catering to leading fashion brands and etailers worldwide, has posted a net profit of Rs. 74.8 million during last financial year that ended on March 31, 2012. 
 
The firms net profit grew by 96.33 percent in 2011-12 over its net profit of Rs. 38.1 million registered in 2010-11.
 
Total earnings of the company rose by 15.29 percent year-on-year from Rs. 3.74 billion in 2010-11 to Rs. 4.31 billion last fiscal.
 
For the last quarter of 2011-12, KG Denim’s net revenue jumped by 13.65 percent year-on-year to Rs. 1.02 billion from Rs. 904.8 million achieved during the corresponding quarter of previous fiscal.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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