Home / Knowledge / News / Textiles / Alps Industries turn out a good performance again for Q3
Alps Industries turn out a good performance again for Q3
31
Jan '08
Alps Industries Ltd, the leading Home Furnishings and architectural products manufacturer has turned out excellent results for the quarter ended December 31, 2007 with Net sales soaring to Rs.172.14 crores indicating a 51 percent increase over the previous year's corresponding quarter level of Rs. 113.86 crores.

The net profit rose by 20 percent to Rs 10.7 crores, as compared to Rs.7.76 crores in the corresponding quarter of the previous year.

The Company's net profit for the first nine months of the current financial year stood at Rs 29.26 crores as compared to Rs. 23.27 crores in the corresponding period of the last year.

Commenting on the Q3 performance, Mr. Sandeep Agarwal, MD, Alps Industries Limited, said "We are delighted that we have turned out a good performance again.

At Alps we strive to maintain our leadership position in our business segment, clearly demonstrated by success of our organic cotton base, natural dyed home furnishing in international market and our strong Vista brand in the domestic market.”

Alps Industries is a vertically integrated textile company with twelve manufacturing facilities. It is also market leader in domestic window covering products like blinds and awnings, and other architectural products like wooden floorings and aluminum composite panels, which are sold under the widely recognized Vista brand name.

Alps Industries have announced their venture into Automotive Fabrics. It has entered into a technical and marketing alliance with Suminoe Textile Co Ltd, Osaka, a leading automotive fabric maker in Japan.

They are also entering into power sector with a project in Uttaranchal for Hyde Power project at River Dharam Ganga.

Alps Industries Ltd


Must ReadView All

Courtesy: Trinity Kubassek from Pexels

Textiles | On 19th Aug 2018

Australian wool production to fall 5.7% in 2018-19

Shorn wool production in Australia is likely to fall by 5.7 per cent...

Courtesy: Next Level Apparel

Apparel/Garments | On 19th Aug 2018

Blue Point Capital recapitalises Next Level Apparel

Blue Point Capital Partners has recapitalised Next Level Apparel, a...

Retailers approaching 100% inventory accuracy: Study

Apparel/Garments | On 19th Aug 2018

Retailers approaching 100% inventory accuracy: Study

With computer vision use cases maturing, Artificial Intelligence (AI) ...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Ravi Raj Desai

Himalaya Cotton Yarn Ltd manufactures high quality denier. The spinning...

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Adriano Goldschmied
AG Jeans

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

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


August 2018

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

news category


Related Categories:

Advanced Search