Himatsingka Seide Ltd. is a vertically integrated global textile major that designs, develops, manufactures and distributes a suite of home textile products. It has installed capacities for manufacturing bedding and bath products, drapery and upholstery fabrics, and fine-count cotton yarn which are among the largest in the world.
Financial Results:
- Himatsingka Seide Ltd reported Revenues for Q1FY24 of ₹682.00 Crores up from ₹638.00 Crore year on year, a rise of 6.9%.
- Total Expenses for Q1FY24 of ₹641.00 Crores down from ₹737.00 Crores year on year, a fall of 13.03%.
- Consolidated Net Profit of ₹29.00 Crores from -₹55.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.96, from -₹5.56 in the same quarter of the previous year.