Mumbai, Maharashtra, India, Wednesday, October 30, 2013 -- (Business Wire India)
Mafatlal Industries Ltd. (MIL), the flagship company of the Arvind Mafatlal
Group has declared unaudited financial results for the quarter ended 30th
September 2013. The stand alone total income was Rs. 278.72 crore and net profit
was Rs. 4.81 crore for Q2.
The Board of Directors of the company at their meeting held at Mumbai on 29th
October 2013 has approved the said unaudited financial results.
For the six months ended on 30th September 2013, MIL's total income was Rs.
501.15 crore and net profit stood at Rs. 17.86 crore. Basic & diluted earnings
per share (EPS) was recorded at Rs. 12.84.
Mafatlal Denim Ltd and Mishapar Investments Ltd, a wholly owned subsidiary of
the company have been amalgamated with the Mafatalal Industries Ltd, the effect
of which has been given in the quarter ended 31st March 2013. Thus, the
quarterly and the half yearly financial numbers are not comparable with the
numbers of corresponding period of last year.
About Mafatlal Industries Limited (MIL):
The Arvind Mafatlal Group is a pioneer for quality textiles in India since 1905.
Mafatlal Industries Limited has composite textile mills with the latest
technologies and machinery located at Navsari & Nadiad in Gujarat. This
interwoven with tradition, innovation and creative designs enables MIL to
deliver world class fabrics. The company's product portfolio consist of yarn
dyed & piece dyed shirting, suiting, voiles, prints, linens, bleached white
fabric, rubia, value added & fashion denims, school uniform fabrics, corporate
/institutional uniforms, bed & bath linen and readymade garments.
Mafaftlal has an extensive 400 dealers network and 35,000 retail outlets
throughout India. MIL is a fabric supplier to the most discerning customers and
brands in the domestic and overseas markets.
Media contact details
Mr. Nirmal Phophalia,
Mafatlal Industries Ltd,
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-0- Oct/30/2013 13:14 GMT
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