Home / Knowledge / News / Textiles / Income from Nakoda Manufacturing Segment rise
Income from Nakoda Manufacturing Segment rise
04
Feb '11
Nakoda Limited, one of the largest manufacturers of the fully drawn yarn, reported a robust growth in revenue and profits for the quarter ended, December 31, 2010.

The company saw an increase in revenue by a whopping 36.58% from Rs. 278.71 Cr to Rs. 380.67 Cr during the same period for the last fiscal.

The profit after tax for the quarter ended December 31, 2010 stood at Rs. 9.27 Cr, resulting into an increase of 35.36%, as against Rs. 6.85 Cr in the corresponding period of the last fiscal.

The revenue for the year ended on 31st December, 2010 also rose by 30.08% from Rs. 1029.31 Cr to Rs. 1338.89 Cr during the corresponding period of the previous year.

Net Profits during the year increased significantly by 45.95% from Rs. 22.72 Cr during the corresponding period in the last fiscal to Rs.33.15 Cr

Income from the Manufacturing Segment rose by 61.44% to Rs.185.41 Cr from Rs. 114.85 Cr for the quarter under consideration. In the trading segment, the sales touched Rs. 195.26 Cr from Rs. 163.86 Cr, an increase of 19.16%.

Nakoda Limited


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Kerem Durdag
Biovation II LLC

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

Mark Paterson
Technical Absorbents Ltd

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

Silvia Venturini Fendi
Fendi s.r.l

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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