Related Keywords: domestic cotton prices, drop in international demand, due to fall in polyester price, fall in international oil prices, first quarter of this fiscal year, Indo Rama, International demand under pressure, polyester manufacturer, recorded drop in net profit
Indo Rama Synthetics (India) Ltd, polyester manufacturer due to fall in polyester prices and a drop in international demand has recorded a 77 percent drop in its net profit to ₹4.91 crore in the first quarter of 2015-16 compared to ₹22.05 crore earned in the same period of the previous year.
