Home / Knowledge / News / Textiles / Fabric manufacturer KLTL sales rise in Q3

Fabric manufacturer KLTL sales rise in Q3

Jan '07
Krishna Lifestyle Technologies Limited (KLTL), a Navin Kumar Tayal Enterprise has posted an increase of 125.04 percent in the net profit at Rs 1.50 crores for the third quarter ended December 31, 2006 against a loss of Rs 5.99 crores in the corresponding quarter of the previous year.

The company has reported an increase of 18.27 percent in its net sales at Rs 50.16 crores during the third quarter ended 31 December, 2006 as against the net sales of Rs 42.41 crores during the previous corresponding quarter ended December 31, 2005.

The company has registered an impressive growth in its net profit in the first nine months of this fiscal at Rs 4.13 crores against a loss of Rs 11.41 crores in the corresponding period last year.

About the turnaround of the company, KLTL Chairman Mr Navin Kumar Tayal said, “After some years in red, the company is once again on a sound financial footing. With the world textile market wide open, the company's future looks excellent.”

Click here to view table:

Krishna Lifestyle Technologies Limited (KLTL) is an integrated textile unit engaged in the business of spinning, knitting and processing of yarn and fabrics.

Through his vast experience spanning over two decades, the Chairman of the company Mr. Navin Kumar Tayal has positioned KLTL as a backward integrated, high-end fabric manufacturer in the national and international market.

KLTL is also entering into the booming retail market in the country with a huge retail showroom in Mumbai scheduled to be in place in the latter part of this month. This will be the first of the company's more than 100 showrooms of retail chain in different parts of the country in three years.

Krishna Lifestyle Technologies Limited

Must ReadView All

Pic: Shutterstock/humphery

Textiles | On 18th Sep 2021

China wants to join CPTPP; Japan to consult members to respond to bid

Chinese commerce minister Wang Wentao recently submitted an...

Pic: Shutterstock

Textiles | On 18th Sep 2021

Eurozone GDP recovers quicker than expected after lockdowns: EU report

The eurozone economy recovered more rapidly than considered earlier...

Pic: Shutterstock

Apparel/Garments | On 18th Sep 2021

BGMEA urges Canadian buyers to source apparel from Bangladesh

Bangladesh Garment Manufacturers and Exporters Association (BGMEA)...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor customises her own pair of...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit

The Indian Technical Textile Association (ITTA) is the only association of ...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Daniel Kaye, RocketLife

Daniel Kaye

<div>RocketLife, an award-winning developer of breakthrough visual...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj

Samshek is a fashion forward tech brand which combines digital experience...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2021

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

Advanced Search