Home / Knowledge / News / Textiles / Nakoda's Manufacturing Segment up by 44.76% in Q2
Nakoda's Manufacturing Segment up by 44.76% in Q2
30
Jul '12
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, 2012.

The company saw an increase in revenue by a whopping 21.96% from Rs. 519.88 Cr to Rs. 634.04 Cr during the same period for the last fiscal.  The profit after tax for the quarter ended June 30, 2012 stood at Rs. 14.65 Cr, resulting into an increase of 21.38%, as against Rs. 12.07 Cr in the corresponding period of the last fiscal. EBITDA rose by 21.38% from 29.51 Cr to Rs. 36.03 Cr during the quarter.

Income from the Manufacturing Segment rose by 44.76% to Rs. 452.07 Cr from Rs. 312.29 Cr for the quarter under consideration. In the trading segment, the sales stood at Rs. 181.97 Cr from Rs. 207.58 Cr.

The revenue for the half year ended on 30th June, 2012 also rose by 29.81% from Rs. 970.75 Cr to Rs. 1260.13 Cr during the corresponding period of the previous year. Net Profits during the half year increased significantly by 28.01% from Rs. 22.71 Cr during the corresponding period in the last fiscal to Rs. 29.07 Cr.

Nakoda Limited


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Binoy Ravjani
Hero's Fashion

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

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in 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...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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