Home textile company, Himatsingka, has posted a profit of Rs 33.08 crore for the year ended March 31, 2012 compared to a net loss of Rs 16.57 crore in the corresponding period previous year.

Revenues were up 15.9 per cent at Rs 1,428.69 crore.

The company also bought down its consolidated debt from Rs 745 crore for the year ended March 31, 2011 to Rs 691 crore in the year ended March 31, 2012.

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