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Morarjee Textiles reports 15% rise in income
10 Jun '06
1 min read
With significant growth in areas like international operations, product mix, rationalization and better realization have improved Morarjee Textiles income 15 percent to Rs170 crore for the year ended March 2006 compared to same period last year.
Company reported net profit of Rs10.45 crore compared to Rs6.64 crore for the same period in consideration.
Company will expand through organic and inorganic means in garment and textile areas, informed Urvi Piramal, Chairperson, Morarjee Textiles.
Morarjee Textiles Ltd, is India's one of the oldest and trusted names in premium quality superfine fabrics. With business penetration in over 20 countries, Morarjee Textiles is a distinguished name and a leading player in global textile market.
Company reported net profit of Rs10.45 crore compared to Rs6.64 crore for the same period in consideration.
Company will expand through organic and inorganic means in garment and textile areas, informed Urvi Piramal, Chairperson, Morarjee Textiles.
Morarjee Textiles Ltd, is India's one of the oldest and trusted names in premium quality superfine fabrics. With business penetration in over 20 countries, Morarjee Textiles is a distinguished name and a leading player in global textile market.
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