August 25, 2016 9:45 PM ET

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Company Overview of Wheel & Axle Textiles Ltd

Company Overview

Wheel & Axle Textiles Limited engages in the trading of textiles in India. The company was incorporated in 1988 and is based in Surat, India.

820, Golden Point

Near Telephone Exchange

Begumpura

Falsawadi, Ring Road

Surat,  395002

India

Founded in 1988

1 Employees

Key Executives for Wheel & Axle Textiles Ltd

Executive Director
Total Annual Compensation: 60.0K
Executive Director
Total Annual Compensation: 60.0K
Executive Director
Total Annual Compensation: 60.0K
Compensation as of Fiscal Year 2016.

Wheel & Axle Textiles Ltd Key Developments

Wheel & Axle Textiles Ltd Appoints Mohit Shah and Associates as Statutory Auditor

Wheel & Axle Textiles Ltd. appoints Mohit Shah And Associates as statutory auditor of the company at the AGM held on August 5, 2016.

Wheel & Axle Textiles Ltd Approves Adoption of Articles of Association and Alteration of Memorandum of Association

Wheel & Axle Textiles Ltd. has approved adoption of new set of articles of association alteration of memorandum of association of the company at the AGM held on August 5, 2016.

Wheel & Axle Textiles Limited Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2016

Wheel & Axle Textiles Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales/income from operations of INR 241.562 million against INR 0.00 million a year ago. Total income from operations was INR 262.732 million against INR 0.00 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2.834 million against loss from operations before other income, finance costs and exceptional items of INR 0.055 million a year ago. Profit from ordinary activities before tax was INR 2.834 million against loss from ordinary activities before tax of INR 0.055 million a year ago. Net profit from ordinary activities after tax was INR 1.899 million or INR 3.80 per basic and diluted share before extraordinary items against net loss from ordinary activities after tax of INR 0.055 million or INR 0.11 per basic and diluted share before extraordinary items a year ago.

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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