Greaves Cotton Ltd has posted a 5 per cent growth in its revenue at Rs 445 crore for the quarter ended June 30, 2016 as against Rs 424 crore for the corresponding period last year. Despite tough market conditions, the company maintained its net profit at Rs 39 crore for the first quarter, 11 per cent decline from Rs 44 crore in the comparable period last year.
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The 6th edition of Techtextil India Symposium, scheduled for September 8-9, 2016 at Holiday Inn, Mumbai, will highlight the prowess of technical textiles and nonwovens sectors across the globe.
Greaves Cotton Ltd has posted a 5 per cent growth in its revenue at Rs 445 crore for the quarter ended June 30, 2016 as against Rs 424 crore for the corresponding period last year. Despite tough market conditions, the company maintained its net profit at Rs 39 crore for the first quarter, 11 per cent decline from Rs 44 crore in the comparable period last year.
Greaves Cotton Ltd has posted a 5 per cent growth in its revenue at Rs 445 crore for the quarter ended June 30, 2016 as against Rs 424 crore for the corresponding period last year. Despite tough market conditions, the company maintained its net profit at Rs 39 crore for the first quarter, 11 per cent decline from Rs 44 crore in the comparable period last year.
Bangladesh’s total readymade garment (RMG) shipment touched $28.09 billion in the last fiscal, of which trousers topped the list of apparel exports item accounting for more than 22 per cent.
According to a TechSci Research report, (www.techsciresearch.com) textile chemicals market in India is projected to cross $ 2.5 billion by 2021.
Decks are being cleared, including transfer of land to SIPCOT to construct a textile park at Irur village on the Tiruchi-Perambalur National Highway in Tamil Nadu.