Dollar Industries Limited, one of the leading Garment & Hosiery Company in the country have announced its financial results for the quarter ended December 31st, 2020. Highlights for Q3 & 9MFY21 Standalone Financials:
- Total Revenue for Q3FY21 & 9MFY21 stood at Rs.312.44 & Rs.730 cr as compared to Rs.255.43 & Rs.733.14 cr for Q3FY20& 9MFY20 growth of 22.32 percent for Q3FY21 & de-growth of 0.43 percent for 9MFY21.
- Operating Revenue for Q3FY21 & 9MFY21 stood at Rs.311.79 & Rs.728.64 cr as compared to Rs.254.81 & Rs.731.65 cr for Q3FY20& 9MFY20, growth of 22.36 percent for Q3FY21 & de-growth of 0.41 percent for 9MFY21.
- EBITDA for Q3FY21 & 9MFY21 stood at Rs.43.81 cr i.e. 14.02percent & Rs.108.32 cr i.e. 14.84 percent as compared to Rs.33.94 cr i.e. 13.29 percent & Rs.85.07 cr i.e. 11.60 percent for Q3FY20& 9MFY20, growth of 29.09 percent & 27.32 percent for Q3FY21 & 9MFY21.
- PAT for Q3FY21 & 9MFY21 stood at Rs.28.38 cr i.e. 9.08 percent & Rs.68.07 cr i.e. 9.32 percent as compared to Rs.19.58 cr i.e. 7.67 percent & Rs.46.58 cr i.e. 6.35percent for Q3FY20 9MFY20, growth of 44.95 percent. & 46.11 percent for Q3FY21 & 9MFY21.
Commenting on the results, Vinod Kumar Gupta, Managing Director, Dollar Industries Limited said: The Company crossed the mark of Rs. 300 cr of turnover this quarter. Also, this quarter the Industry witnessed a sharp increase in prices of cotton and yarn starting November, 2020. It will take a while before the prices stabilize for yarn. The Company continues its journey of growth working on revamping the Distribution Channel and Digitization. We look forward to a bullish Q421.
