Home / Knowledge / News / Textiles / HSL's Distribution & Manufacturing biz see marginal growth

HSL's Distribution & Manufacturing biz see marginal growth

31
May '10
Himatsingka Seide Ltd, specialises in textile design and manufacturing announces audited results for the year ended 31st March, 2010.

Himatsingka Consolidated Revenues at Rs.1076.35 crores for the year ended 31st March 2010.

Consolidated financial performance (Year ended 31st March 2010)

• HSL Consolidated Total Income from Operations for the year ended March 31, 2010 stood at Rs. 1076.35 crores vs Rs. 1031.29 crores for the previous year, a growth of 4.37%.
• EBITDA from operations for the year stood at Rs 90.93 crores Vs Rs 52.97 crores in the previous year, a growth of 71.66 %.
• Consolidated net profit for the year stood at Rs. 11.79 crores vs Consolidated net loss of Rs. 74.42 crores for the previous year.

Shrikant Himatsingka Executive Director Himatsingka Seide said,
“The revenues from Distribution and Manufacturing businesses saw marginal growth during the financial year. Our continued focus on cost optimization and optimal pricing in the backdrop of increasing input costs, together with benefits arising from the recently commissioned 12.5 MW Cogen Captive Power Plant , will contribute to improved operational performance going forward. “

Our silk yarns and fabrics are offered across Germany, France, England, Italy, South America, Australia and USA. For over ten years we have worked with well known furnishing and fashion houses from these countries. Today, we operate one of the largest integrated mills in the world. Located in Bangalore, India, our mill is ISO 9001 certified.

Himatsingka Seide Ltd


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Mar 2020

Worldwide lockdowns, stimulus shots, raised PPE production

The global response this week to the unfolding COVID-19 crisis saw...

Pic: Shutterstock

Apparel/Garments | On 28th Mar 2020

Vietnam may outdo Bangladesh as 2nd largest RMG exporter

Though Bangladesh is now the second-largest garment exporter...

Pic: Shutterstock

Textiles | On 28th Mar 2020

Morgan Stanley rules out economic depression

With COVID-19 badly damaging the global economy, Morgan Stanley...

Interviews View All

Textile industry, Head honchos

Textile industry
Head honchos

Athleisure is the current buzzword in fashion

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rahul Bhadani, Looksgud

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Cem Erdogrul,

Cem Erdogrul

Turkey-based Temsan Air Engineering is one of the leading manufacturers of ...

Vikram Saria,

Vikram Saria

Shanghai-based Aura Designs Ltd is a leading manufacturer of textile and...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

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

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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


March 2020

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


Advanced Search