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Bombay Dyeing Q4 profit up 43.21 per cent

Textiles giant Bombay Dyeing posted a 43.21 per cent increase in net profit to Rs 111.92 crores during the fourth quarter of the year ended March 31, 2016, as compared to Rs 78.15 crores in the third quarter of the year. Diluted earnings per share reported by the company during this period stood at Rs 5.42 as compared to Rs 3.78 in the third quarter.

Net income from operations reported in the fourth quarter was Rs 665.76 crores as compared to Rs 335.55 crores in the third quarter. Net sales for the quarter under review stood at Rs 656 crores as compared to Rs 745.77 crores, down 12 per cent.

The textile segment posted revenues of Rs 58.58 crores in the quarter as compared to Rs 48.69 crores previously. The polyester segment posted revenues of Rs 274.96 crores compared to Rs 242.64 crores in the prior quarter. However, the textile segment posted a fall in profit during the period to Rs 13 crores as compared to Rs 16.81 crores previously. The polyester segment saw a fall in profit to Rs 1.94 crores as compared to Rs 3.86 crores in the prior quarter.

www.bombaydyeing.com/

 
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