Home / Knowledge / News / Textiles / HSL's Distribution & Manufacturing biz see marginal growth
HSL's Distribution & Manufacturing biz see marginal growth
31
May '10
Himatsingka Seide Ltd, specialises in textile design and manufacturing announces audited results for the year ended 31st March, 2010.

Himatsingka Consolidated Revenues at Rs.1076.35 crores for the year ended 31st March 2010.

Consolidated financial performance (Year ended 31st March 2010)

• HSL Consolidated Total Income from Operations for the year ended March 31, 2010 stood at Rs. 1076.35 crores vs Rs. 1031.29 crores for the previous year, a growth of 4.37%.
• EBITDA from operations for the year stood at Rs 90.93 crores Vs Rs 52.97 crores in the previous year, a growth of 71.66 %.
• Consolidated net profit for the year stood at Rs. 11.79 crores vs Consolidated net loss of Rs. 74.42 crores for the previous year.

Shrikant Himatsingka Executive Director Himatsingka Seide said,
“The revenues from Distribution and Manufacturing businesses saw marginal growth during the financial year. Our continued focus on cost optimization and optimal pricing in the backdrop of increasing input costs, together with benefits arising from the recently commissioned 12.5 MW Cogen Captive Power Plant , will contribute to improved operational performance going forward. “

Our silk yarns and fabrics are offered across Germany, France, England, Italy, South America, Australia and USA. For over ten years we have worked with well known furnishing and fashion houses from these countries. Today, we operate one of the largest integrated mills in the world. Located in Bangalore, India, our mill is ISO 9001 certified.

Himatsingka Seide Ltd

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

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Subhashini Srinivasan
The S Studio

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

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Paolo Ocleppo
Sandvik Hyperion

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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