Advertise Here [468 W x 60 H pixels]
Web Exclusive | December 2017

Rs 16.33-cr net profit for Nandan Denim

Nandan Denim Limited (NDL), has reported a net profit of Rs16.33 crore for the second quarter ended September 2017 as against net profit Rs 16.41 crore in the corresponding period of previous year. Net sales for the Q2 FY 18 were at Rs 414.98 crore higher by 37 per cent over corresponding net sales of Rs 302.63 crore. Company reported healthy EBITDA and PAT margin in Q2 FY18 at 15.34 per cent and 3.93 per cent respectively. EPS for Q2 FY 18 stood at Rs. 3.35 (Face value of Rs. 10 per share).

For the six months ended September 2017, company reported a net profit of Rs 32.64 crore against a net profit of Rs 32.40 crore in the corresponding period last year. Net sales in first half of FY 2017-18 at Rs 838.68 crore were higher by 39 per cent compared to Rs 603.12 crore in the first half of previous fiscal. For H1 FY 2017-18, EBITDA margin stood at 14.84 per cent and PAT margin at 3.89 per cent.

Commenting on company’s financial performance, Deepak Chiripal, CEO, Nandan Denim Limited said, “Despite headwinds, performance for the quarter has been satisfactory striking good balance between revenue growth and delivering greater efficiency. The benefits of optimizing business post expansion are beginning to emerge.”

Company has informed stock exchanges that Vedprakash Chiripal, Chairman, Nandan Denim Ltd has bought 9.10 lakh shares of Nandan Denim Ltd from open market during the quarter.

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
AB Carter India Pvt Ltd      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Chandra Electric Company      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      Messe Frankfurt Trade Fairs India      Mohler Machine Works Pvt Ltd      Nestling Technologies      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Skaat Machine Works India Pvt Ltd      SRE Corporation      Sri Lakshmi Fire Controls      SSP Pvt Ltd      Techno Industries      Vetal Hitech Machines Pvt. Ltd      AB Carter India Pvt Ltd      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Batliboi Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Chandra Electric Company      Elgi Equipments Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gem Equipments Ltd      Grasim Industries Ltd (Liva)      Henna Tex      Instamod Air Pipe Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine Works Ltd      Loepfe Brothers Ltd (Masterline)      Mangal Singh Brothers Pvt Ltd      Meera Industries Ltd      Messe Frankfurt Trade Fairs India      Mohler Machine Works Pvt Ltd      Nestling Technologies      Premier Evolvics Pvt Ltd      Rabatex Industries      Rieter India Pvt. Ltd      Savio India Ltd      Savio Texcone Pvt Ltd      Skaat Machine Works India Pvt Ltd      SRE Corporation      Sri Lakshmi Fire Controls      SSP Pvt Ltd      Techno Industries      Vetal Hitech Machines Pvt. Ltd