Related Keywords: financial result of textile company, Indo Rama Synthetics, largest polyester manufacturer, per capita fibre consumption
India’s largest polyester manufacturer, Indo Rama Synthetics (India) Limited, announced its audited results for the Quarter and financial Year ended March 31, 2014 on 20 May. For the quarter ended 31 March, 2014, the company’s net revenue stood at Rs 693.47 crore as against Rs 706.99 crore of Q4 of previous year.
The EBIDTA for the period stood at Rs 56.38 crore compared to Rs 22.19 crore for the corresponding quarter in the previous year. Net loss for the period stood at Rs 14.17 crore as compared to a loss of Rs 38.06 crore in Q4 FY13.
