Home / Knowledge / News / Textiles / Aniruddha Deshmukh is new CEO of Mafatlal Industries
Aniruddha Deshmukh is new CEO of Mafatlal Industries
Aug '15
Mumbai-based textile major Mafatlal Industries has appointed Aniruddha Deshmukh as the chief executive officer (CEO) and managing director.
In a filing to the Bombay Stock Exchange, the company said its Board of Directors has approved the appointment of Aniruddha Deshmukh as managing director and CEO with effect from August 13, 2015.
Deshmukh is with Mafatlal Industries as its chief operating officer since July 10 this year, and as additional director since this month.
Earlier, he served as the president of Textiles division at Raymond Limited.
A mechanical engineer from Visvesvaraya National Institute of Technology, Nagpur, Deshmukh has done his post graduation in business management from IIM, Calcutta.
In the three months to June 30, 2015, net profit at the Hrishikesh Mafatlal-led company soared 68 per cent year over year to Rs 6.50 crore, driven by a massive surge in net sales.
During April-June quarter, the company posted a turnaround in its profit from operations before other income and finance costs at Rs 7.49 crore as against a loss of Rs 1.98 crore in the first quarter of previous fiscal. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Binoy Ravjani
Hero's Fashion

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

Lynda Kelly
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

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

Johan Berlin
InvestKonsult Sweden AB

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

Yash P. Kotak
Bombay Hemp Company

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search