Home / Knowledge / News / Textiles / Towel maker Welspun reports unaudited financial results
Towel maker Welspun reports unaudited financial results
11
Feb '08
Towel manufacturer Welspun India Limited announces unaudited financial results for quarter ended 31th December, 2007.

The above financial results were reviewed by the audit committee and were thereafter approved by the Board of Directors at its meeting held on 18th January, 2008.

Click here to view more details:

Welspun India Limited is one of the oldest companies under the Welspun umbrella. It was established in 1985 to manufacture 'Terry Towels'.

Over the years, through its vision and perseverance it has emerged as the largest manufacturer of Terry Towels in Asia and is currently the fourth largest, Globally.

With a capacity nearing 35,000 Metric Tonnes per annum and manufacturing facilities at Vapi and Anjar, Gujarat, W.I.L., also manufactures 'Bed Sheet Sets'.

Recently it has diversified into 'Decorative Bedding' and 'Bath Rugs'. In 2006, W.I.L. acquired 85% stake in the U.K.'s number one towel brand, 'Christy'.

This venture will be very productive as in addition to giving access to the lucrative European markets it will also boost the turnover. As on March 2007, the Turnover of W.I.L. was Rs. 9,736 million and is estimated to multiply manifold in 2008.

Welspun India Limited

Must ReadView All

Courtesy: Alibaba Group

Apparel/Garments | On 18th Jan 2017

Alibaba forges global alliance to fight counterfeiting

Jack Ma led Alibaba Group has forged an alliance with various global...

Apparel/Garments | On 18th Jan 2017

HanesBrands earns above average scores in CDP 2016

Global apparel and innerwear retailer HanesBrands said it has...

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Kerem Durdag
Biovation II LLC

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

Lynda Kelly
Suominen Corporation

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silvia Venturini Fendi
Fendi s.r.l

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

Sonam & Paras Modi
SVA

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search