Nov '16
For the quarter under review, the company posted EBITDA and PAT margin at 16.23 per cent and 5.38 per cent, respectively, while earnings per share amounted to Rs 3.39.
For the six months ended September 2016, the denim manufacturer posted net profit of Rs 32.27 crore, up 3.73 per cent over a fiscal ago quarter, while net sales stood at Rs 603.12 crore, higher by 4.88 per cent year over year.
“We have maintained our growth impetus during the quarter and will continue to strive to capitalise on new opportunities, thus delivering value to our stakeholders,” Nandan Denim CEO Deepak Chiripal said. (AR)
Fibre2Fashion News Desk – India
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