Home / Knowledge / News / Textiles / Sales & losses grow in tandem at Himatsingka

Sales & losses grow in tandem at Himatsingka

04
Nov '08
Himatsingka consolidated H1 total revenues at Rs. 495.31 Crores - a growth of 43.9% over the previous year.

• HSL Consolidated revenues for the half-year ended September 30th 2008 stood at Rs. 495.31 crores vs Rs. 353.52 crores during the previous year, a growth of 40.1% .

• The Bed Linen facility has turned in a positive EBITDA performance of Rs. 5.30 crores in the quarter as against an EBITDA loss of Rs. 7.00 crores in the previous quarter. The capacity utilization for the quarter stood at 60.50% capacity . This has been achieved within 12 months of commissioning.

• HSL Consolidated revenues for the quarter ended September 30th 2008 stood at Rs. 261.27 crores as against Rs. 259.14 crores during the previous year.

• Consolidated net loss for the quarter stood at Rs. 20.50 crores vs Consolidated net profit of Rs. 10.94 crores during the previous year.

• The consolidated financials have been impacted by foreign exchange fluctuations amounting to Rs. 25.59 crores during the quarter.

• Exceptional items include a write back of provision amounting to Rs. 1.94 crores on a mark to market provision for a Foreign Exchange Derivative contract.

Himatsingka Seide Ltd


Interviews View All

Abhishek Ganguly, Puma India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Siddharth Biyani, Mangalam Industries Pvt Ltd

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Jurgen Gauger, Spreadshirt

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Luca Formentini,

Luca Formentini

From the very beginning, Loris Bellini's aim was to produce dyeing...

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

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 ...

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


October 2019

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

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search