Home / Knowledge / News / Textiles / Mafatlal Inds Q1 FY'14 net up at Rs 13.35 crore
Mafatlal Inds Q1 FY'14 net up at Rs 13.35 crore
01
Aug '13
Mafatlal Industries Limited (MIL), the flagship company of the Arvind Mafatlal Group has shown encouraging standalone unaudited results for the quarter ended 30th June 2013. Total income has been Rs. 222.43 Crore and net profit after tax reported at Rs.13.05 Crore. Earnings per share were at Rs. 9.38. The results were approved by the Board of Directors at its meeting held on 31st July 2013.

For the year 2012-13, MIL's total income was Rs. 840.38 crore, EBIDTA Rs. 89.99 crore, cash profit Rs. 51.60 crore & net profit Rs. 37.16 crore. The company has declared a 30% dividend plus a 20% special Centenary dividend.

The company's Annual General Meeting was held in Ahmedabad on 31st July 2013. Mr. H.A. Mafatlal, Chairman of the company, while addressing the shareholders, inter alia stated that following the amalgamation, capacity expansion across the denim and fabric divisions will strengthen the company's sectoral position.

The Arvind Mafatlal Group is a pioneer for quality textiles in India since 1905. MIL has composite textile mills with the latest technologies and machinery located at Gujarat. This interwoven with tradition, innovation and creative designs enables MIL to deliver world class fabrics. The company's product portfolio consists of yarn dyed shirtings, suitings, voiles, prints, linens, bleached white fabrics, rubia, value added & fashion denims, school uniform fabrics, corporate/ institutional uniforms, Bed & bath Linen and readymade garments.

Mafatlal has an extensive 400 dealer network and 35,000 retail outlets throughout India and is a supplier to the most discerning customers & brands in the domestic and overseas markets.

Mafatlal Industries


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Rahuul Jashnani
Jashn

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

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

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....

Johan Berlin
InvestKonsult Sweden AB

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Igor Chapurin
Chapurin

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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