Business Daily from THE HINDU group of publications
Sunday, Jun 24, 2007
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Business Daily from THE HINDU group of publications Sunday, Jun 24, 2007 ePaper |
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Corporate Results
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Readymade Garments House of Pearl net zooms to Rs 52.6 cr Our Bureau
New Delhi June 23 Apparel exporter House of Pearl Fashions has reported a net profit of Rs 52.65 crore for 2006-07, up from Rs 5.60 crore recorded during the previous fiscal. Net sales during 2006-07 surged to Rs 923.94 crore from Rs 165.95 crore. It recorded improvement in operating margins at 10.13 per cent during 2006-07, as against 7.43 per cent during the previous fiscal. The company's manufacturing business contributed revenues worth Rs 314.96 crore, accounting for one-third of its total revenues, while the sourcing, distribution and branding division accounted for Rs 648.20 crore of its total sales, a company release said.
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