Home / Knowledge / News / Apparel/Garments / Dollar Industries revenue climbs 11% in FY18-19

Dollar Industries revenue climbs 11% in FY18-19

31
May '19
Pic: Dollar Industries Ltd
Pic: Dollar Industries Ltd
Dollar Industries Limited has registered revenue of ₹1030.96 crore for 2018-19 as against ₹927.55 crore during the previous year, an increase of 11.18 per cent. With 15 per cent market share in Indian hosiery, Dollar portfolio includes Bigboss, Champion, Ultra Thermals, Missy under the brand Dollar and premium brands under Force NXT and Force Go Wear.

The profit before tax stood at ₹111.03 crore for 2018-19 as against ₹95.8 crore during the previous year. For the reported period, the consolidated profit after tax stood at ₹74.23 crore as against ₹63.86 crore during the previous year.

"The market growth and economic condition has been sluggish, but despite this we were able to achieve 11 per cent revenue growth in FY18-19. We are hoping for a stable environment for business in coming days, and shall be working towards a better 2019-20," said Vinod Kumar Gupta, managing director, Dollar Industries Limited. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Messe Frankfurt

Textiles | On 16th Jun 2019

Finished products to dominate at Intertextile Shanghai

Finished product suppliers will dominate with their presence among...

Pic: CBRE

Textiles | On 16th Jun 2019

23% of warehouse leasing in India in 2018 for e-com: CBRE

Warehousing space leasing in India rose by over 45 per cent in 2018...

Pic: Amazon

E-commerce | On 16th Jun 2019

Amazon invests ₹2800 cr in India after closing China ops

Amazon has made a fresh investment of ₹2,800 crore in its Indian arm, ...

Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Stefan Warnaar, Peak to Plateau

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Top executives, Textile industry

Top executives
Textile industry

Denimsandjeans India 2018

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Razvan Popescu, Directa Plus SpA

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

Leave your Comments


June 2019

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

news category


Related Categories:

Advanced Search



Expand Close