Home / Knowledge / News / Apparel/Garments / Dollar Industries revenue increases in Q1FY19

Dollar Industries revenue increases in Q1FY19

14
Aug '18
Courtesy: Dollar Industries
Courtesy: Dollar Industries
Dollar Industries Ltd has registered an increase in operating revenue of ₹243.65 crore for quarter ended June 30, 2018 as against  ₹235.07 crore during the corresponding period of the previous fiscal. The profit before tax stood at  ₹22.38 crore for Q1 as against  ₹18.39 crore during the corresponding period of last year, a rise of approximately 17 per cent.

The consolidated profit after tax stood at  ₹13.80 crore during April-June 2018, as against  ₹12.51 crore during the corresponding period of last year, an impressive rise of approximately 10.31 per cent. 

“The company is shifting its focus from the primary sales to secondary sales. Journey of the company for achieving its first  ₹1,000 crore was based upon focusing on distribution and primary sales, but now the company is gearing up to focus on increasing retail base to achieve the next  ₹1,000 crore,” said Vinod Kumar Gupta, managing director, Dollar Industries Limited.

The company has Missy, Bigboss, Champion, Ultra Thermals under the brand Dollar and premium brand Force NXT and Force Go Wear. Currently, the company is focused on expanding product portfolio of Force NXT, Dollar Missy and Dollar Bigboss.

Headquartered in Kolkata, Dollar Industries has four manufacturing units in Kolkata, Tiruppur, Delhi and Ludhiana. The company has retail presence in all states across India and is present in more than 95,000+ MBOs. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Businesswire/PrimaLoft

Textiles | On 18th Nov 2018

PrimaLoft unveils PrimaLoft Bio Performance Fabric

PrimaLoft, a leader in advanced material technology, has unveiled...

Higher sales and earnings at Macy's in Q3FY18

Fashion | On 18th Nov 2018

Higher sales and earnings at Macy's in Q3FY18

Higher sales and earnings were recorded at Macy’s, one of the premier ...

Courtesy: Amazon

Apparel/Garments | On 18th Nov 2018

Amazon's new headquarters in New York City, Arlington

Amazon is setting up two new headquarters, one in New York City and...

Interviews View All

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Subhashini Srinivasan, The S Studio

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Evelyne Cholet, UCMTF

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Hardik Sanghvi,

Hardik Sanghvi

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

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Iacopo Pardini,

Iacopo Pardini

Founded in 1953, Italian engineering company Arioli Spa started...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

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

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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


November 2018

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

news category


Related Categories:

Advanced Search