Home / Knowledge / News / Textiles / Denim maker Nandan Exim revenue up 26% in Apr-Sept
Denim maker Nandan Exim revenue up 26% in Apr-Sept
31
Oct '12
Nandan Exim Limited is the second largest integrated denim manufacturing industry in India said its total revenue rose 26% to Rs.354.35 crore for the half year ended September 30, 2012 compared to RS.280.37 crore in the corresponding half of previous year.

The net profit for half year increased by 14% to Rs.14.60 crore in current year as compared to Rs.12.79 crore in the corresponding period previous year. The EBIDTA increased by 21 % to Rs.54.1 0 crore compared to Rs.44.72 crore in the corresponding half of previous year.

Commenting on the results, Mr Vedprakash Chiripal, Chairman, Nandan Exim Ltd said, ''It gives me immense pleasure to state that the company has once again outperformed in the Indian Textile & Denim Industry. The company has created its own niche in the Indian market and is continuously embarking upon the opportunities in the export markets also. During HIFY13 the company had an export turnover of Rs 40 crore and has export orders on hand worth Rs. 50 crore for Q3FY13. With the best practices followed in the company the company does look forward to contribute significantly to the growth of the Indian economy."

Further elaborating on the financial performance and the expansion plans announced by the company the chairman stated that, "We are surging towards one of the leaders in the Indian denim Industry in terms of manufacturing value added products, customer satisfaction and financial performance. The company has already started progressing on the expansion plans of around Rs. 261 crore and the project progress is quite satisfactory."

Pursuing its ambitious plans of expansion, Chiripal Group laid foundations of an ultra-modern 100% cotton & blended bottomwear fabrics and the most modern & versatile denim manufacturing project called Nandan Exim Limited. Nandan Exim Limited is housed with one of the most sophisticated weaving plants and other facilities to manufacture superior quality gray cotton fabrics, khakhis and denims.

Nandan Exim Limited


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Amardeep Singh
Orient Craft

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

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Binoy Ravjani
Hero's Fashion

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

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Marcel Alberts
Eurofibers

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sonam & Paras Modi
SVA

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

October 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


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