Home / Knowledge / News / Textiles / Shri Lakshmi Cotsyn Q4FY10 net sales up 28.20%
Shri Lakshmi Cotsyn Q4FY10 net sales up 28.20%
Aug '10
Shri Lakshmi Cotsyn Limited (SLCL), a company driven by vision, innovation in niche products, Research and development consisting of home textiles, technical textiles, ballistic products, safety textiles, armoured vehicles and end to end textile products for domestic, international and defence segments reported 19.77 % rise in its net profit to Rs. 23.08 crore for the quarter ended June 30th, 2010 (July – June fiscal) as compared to net profit of Rs 19.27 crore reported in the same period of last year.

Net Sales for the quarter stood at Rs. 423.87 crore, a rise of 28.20 % as against Rs. 333.73 crore in the corresponding quarter. EBIDTA for the quarter stood at Rs.50.53 crore, a rise of 13.42 % as against Rs. 44.55 crore in Q4FY09.

Net Profit for FY10 stood at Rs. 91.64 crore, as compared to Rs 62.96 crore in the corresponding period last fiscal, registering a growth of 45.55 %.

The EBITA for the full year stood at Rs205.77 crore as compared to Rs 173.88 crore in the corresponding period last fiscal, registering a growth of 18.20 %.

Commenting on the results, Dr MP Agarwal, Chairman & Managing Director, Shri Lakshmi Cotsyn Ltd said, “We have grown organically during the whole year and have made good progress in development of defense related products. The joint cooperation agreements with world renowned companies have placed us in forefront in comparison to our competitors. We have participated in many defence tenders and bagged some key orders. Going forward we will enhance our focus in value added products like technical textiles and defence related products”.

Shri Lakshmi Cotsyn Ltd. is a technology driven integrated multi-product and multi-market player, engaged in manufacturing and processing for high quality standards, end-to -end textile products and safety textiles for paramilitary forces and other defence establishments since 1993.

Shri Lakshmi Cotsyn Limited (SLCL)

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Paolo Ocleppo
Sandvik Hyperion

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

Giorgio Mantovani
Corman S.p.A

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Yash P. Kotak
Bombay Hemp Company

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

Sonam & Paras Modi

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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