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: I Love Coffee dot Today / Shutterstock.com

Apparel/Garments | On 7th May 2021

Cambodia's garment exports fall 6.43% in Q1 2021

The value of exports of garments and accessories from the Southeast...

Pic: Sateri

Textiles | On 7th May 2021

Chinese firm Sateri acquires Funing Aoyang's viscose fibre business

Sateri, the world's largest producer of viscose fibre, has entered...

Pic: Shutterstock

Textiles | On 7th May 2021

Korea-based Hanwha Total to expand PP production capacity by 60%

Petrochemical company Hanwha Total Petrochemical (HTC) has invested...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Indian apparel industry looks poised for slow death

Textile Industry, Head honchos

Textile Industry
Head honchos

Opportunity now to reimagine processes & systems in a digital environment

Textile Industry, Head honchos

Textile Industry
Head honchos

Main challenges are breakdown of supply chain and shrinkage of manpower

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

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

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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


May 2021

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


Advanced Search