Home / Knowledge / News / Textiles / EBITDA up by 30.5% at Himatsingka Seide
EBITDA up by 30.5% at Himatsingka Seide
28
Oct '09
Consolidated financial performance (Quarter ended 30th September 2009) of Himatsingka Seide Limited is as below.

- Himatsingka consolidated Revenue from Operations for the quarter ended September 30, 2009 increased by 12.6% to Rs. 292.9 crores Vs Rs. 260.2 crores in the corresponding quarter during the previous year.

- Himatsingka consolidated Revenue from Operations for the quarter ended September 30, 2009 stood at Rs. 292.9 crores Vs Rs 202.9 crores in the previous quarter, a sequential growth of 44.3 %.

- EBITDA for the quarter, increased by 30.5% to Rs 32.1 crores from Rs 24.62 crores in the corresponding quarter during the previous year.

- EBITDA for the quarter ended September 30, 2009 stood at Rs 32.1 crores Vs Rs 16.5 crores in the previous quarter, a sequential growth of 94.5 %.

- Consolidated net profit ( before exceptional items ) stood at Rs. 9.97 crores for the quarter Vs Rs. 1.05 crores in the corresponding quarter in the previous year.

Shrikant Himatsingka Executive Director Himatsingka Seide said “The performance of the Manufacturing and Distribution divisions have shown significant improvement during the quarter. While certain input costs have increased, the robust order book, cost optimization initiatives and the commissioning of the captive power plant during the current quarter will drive performance going forward. “

Himatsingka Seide Limited

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Kerem Durdag
Biovation II LLC

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

Marcel Alberts
Eurofibers

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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