Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Indo Count puts in place two-phase expansion plan

Second largest manufacturer and exporter of bed sheets, bed linen and quilts from India, Indo Count is among the top three bed sheet suppliers to the US. The company has turned in another year of high sales growth with its sustainable business model focused on catering to the changing mindset of consumers. In FY 2015-16, it continued its focus on strengthening its presence in higher value added product segments in the bedding products market.

The company has put in place a two-phase expansion plan to cater to the expected strong demand for home textile products. Phase 1 of Rs 175 crores project is towards increasing processing capacity from the current 68 million meters to 90 million meters, setting up a water effluent treatment plant, automation of cut and sew and warehousing. And Phase 2 project of Rs 300 crores is towards upgrading the existing spinning facilities, investments in additional weaving (with specialized looms) and value-added equipment for the delivery of fashion and utility bedding.

Indo Count has revamped and launched a new branding and communication exercise. Complete Comfort is Indo Count’s pledge to its partners and illustrates its commitment to everyone who is touched by its products and operations. The new identity is a reflection of the company’s global operations and aspirations with its modernity and universality of representation.

Indo Count has showrooms and design studios in major markets to have direct access to the consumers’ voice and better understand their needs. The company has also expanded its product portfolio to provide end-to-end solutions. Entry into fashion bedding, utility bedding and institutional linen not only facilitated the company to address a market bigger in size than just sheet sets, but also created an opportunity for it to meet different consumer needs.

During the financial year under review, on a standalone basis, Indo Count achieved revenue of Rs. 2,070.78 crores as against Rs. 1,679.95 crores in the previous year, thereby registering a growth of 23.3 per cent. EBIDTA for the year was Rs. 452.92 crores, representing a growth of 50.3 per cent. Net profit increased from Rs. 139.04 crores to Rs. 250.71 crores, a growth of 80.3 per cent. Consolidated revenue was Rs 2,212.80 crores as against Rs. 1,781.80 crores in the previous year

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo