Home / Knowledge / News / Textiles / Indo Rama Synthetics posts Q2 FY10 results
Indo Rama Synthetics posts Q2 FY10 results
29
Oct '09
Indo Rama Synthetics (India) Ltd. announces Sales up 22.32% in Q2.

For H1 FY2010, the Net Sales is Rs.1284.61 crore as against Rs.1291.42 crore in H1 FY2009. While EBIDTA is up at Rs.120.15 crore as against Rs.81.90 crore, there is a Net Profit of Rs.2.01 crore as against a Loss of Rs.82.29 crore during the same period last year.

• Sales up 22.32 % at Rs.597.37 crore
• EBIDTA up 129 % at Rs.34.19 crore
• Profit after Tax(-) Rs.13.25 crore as against(-) Rs.61.48 crore

With recovery being witnessed in our domestic economy, the demand situation has further improved during the quarter and the trend is expected to continue in the coming months. There are also indications of recovery happening in the US, EU and other global markets. Going forward it should also have its positive impact.

The power business continues to do well and further improved performance is expected in this business.

Indo Rama Synthetics (India) Limited

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Milind Khandwe
Hindoostan Innovation Centre

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

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Lynda Kelly
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

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

Prathyusha Garimella
Prathyusha Garimella

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

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
March 2017

March 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