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Nandan Denim reports PAT of Rs 7.93 cr in Q2 FY 18-19
For the six months ended September 2018, the company reported a net profit of Rs 13.16 crore. Net sales in the first half of FY 2018-19 at Rs 727.61 crore. For H1 FY 2018-19, EBITDA margin stood at 12.03 per cent and PAT margin at 1.81 per cent.
Nandan Denim to expand capacity
Denim fabric maker Nandan Denim expects to increase its production capacity to 110 million metres per annum by the next quarter. Nandan Denim Ltd (NDL) has a denim production capacity of 71 million metres per annum, at present. “We are expanding our capacity further to reach 110 million metres by Q1 of FY17 to become the country’s largest denim producer,” Nandam Denim President Govind Sharda said.
Nandan Denim fares well, expansion on
Nandan Denim Limited (NDL), poised to be Asia’s largest denim fabric manufacturer has reported a net profit of Rs 15.65 crore for the Q3 of FY 2015-16 as against Rs 12.63 crore in the corresponding period of 2014-15, a rise of 23.8 per cent.
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