The company has a presence in apparel fabrics, home textiles and cotton yarn. It operates in the export segment of the textile sector, supplying to clients such as Walmart Stores Inc., Nautica and Zara. For Q3FY10, the company reported a 13 per cent YoY increase in exports and 51 per cent YoY increase in operating income. In Q3FY10, majority of the revenue was derived from the apparel segment (47%), followed by polyester yarn segment (29%). However, the interest cost for Q3FY10 for the company has more than doubled YoY, raising concern.
Bharat Bond ETF
5 years ago
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