Home / Knowledge / News / Textiles / Madura Fashion posts 25% growth in Q1 FY'14 sales
Madura Fashion posts 25% growth in Q1 FY'14 sales
09
Aug '13
Amidst the challenging macro-economic scenario, Aditya Birla Nuvo Limited (ABNL) has posted strong earnings growth. The company is competitively well positioned in most of its businesses.

-Revenue grew by 8 per cent from Rs. 5,745 crore
-EBITDA surged 28 per cent Rs. 1,174 crore
-Net profit is up by 24 per cent Rs. 331 cror

Business-wise review

Fashion & Lifestyle

-Fashion and Lifestyle business recorded revenue of Rs. 1,294 crore and EBITDA of Rs.71 crore.
-It expanded its retail presence to 1,518 exclusive brand outlets/stores, spanning nationwide across 3.8 million square feet.  It is also serving customers through more than 4,750 multi brand outlets.
-Madura posted 25 per cent revenue growth, led by stores expansion and 14 per cent like-to-like stores sales growth. It is generating strong free cash flows, driven by improved earnings and working capital turns.
-Pantaloons are investing in strengthening its retail presence, brand positioning and merchandise. It launched 2 new stores during the quarter.
-To strengthen its domestic market leadership, Jaya Shree has expanded its linen yarn capacity from 2,300 tonnes per annum to 3,400 tonnes per annum. Linen fabric capacity expansion is targeted by the end of calendar year 2013.

Manufacturing 

-Revenue of Agri, Rayon and Insulators businesses augmented year on year by 23 per cent to Rs. 787 crore.
-EBITDA de-grew from Rs. 92 crore to Rs. 85 crore due to breakdown in the urea plant.
-The new VFY capacity, which is being ramped up currently, will help in enhancing the product quality and range, especially in superfine segment.
 
Click here to view the full report 

Aditya Birla


Must ReadView All

US announces final CVD on fine denier PSF from China, India

Textiles | On 19th Jan 2018

US announces final CVD on fine denier PSF from China, India

The US secretary of commerce Wilbur Ross recently announced the...

EU consumers to gain from cheaper, safer, better e-payments

Apparel/Garments | On 19th Jan 2018

EU consumers to gain from cheaper, safer, better e-payments

European consumers can now reap the full benefits of paying online...

Courtesy: Epson

Textiles | On 19th Jan 2018

Epson's new SC F2100 enhances DTG printing

Epson, a leader in inkjet printers and digital textile printing...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Urmil Arya

Sushila International, a well established textile organisation established ...

Liz Manning

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Igor Chapurin
Chapurin

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

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

January 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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