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Suryalakshmi’s net revenue up 1.6 per cent

Suryalakshmi Cotton’s net revenue has risen by 1.6 per cent. Profit before interest, depreciation and tax was at 15.3 per cent of net revenue, an increase of 9.8 per cent. Profit after tax and earnings per share rose by 11.8 per cent. The company’s exports in the first quarter of the current year were almost 20 per cent of net sales. It estimates revenue of Rs 850 crores to Rs 900 crores during the financial year 2016-17.

Suryalakshmi has a denim fabric manufacturing capacity of 40 million meters a year. The company has launched new variants from the Amravati spinning unit to be used in manufacturing high-end denim fabrics. It has a capacity of 25,000 spindles for the manufacture of high quality value added and fancy yarns like stretch, slub and Elitwist yarns.

Suryalakshmi Cotton is one of India’s leading integrated premium yarn-to-denim-to-garment manufacturing companies. It has become the Original Denim Manufacturer to leading global and domestic brands with a dominant market share in the premium denim sector.

With cutting-edge designs, the latest spinning technology and end-to-end manufacturing plants, Suryalakshmi creates the finest yarns, premium denims and garments for leading private labels, fashion brands and retail chains in 31 countries across the globe.

 
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