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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


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