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Himatsingka Seide likely to achieve its target after a good Q3 result

Related Keywords: consolidated earning, drapery fabrics and bed linen products, global footprint, Himatsingka Group, Home textile major, home textile products, small cap textile manufacturer, upholstery fabrics, vertically integrated

The Himatsingka Group is a vertically integrated Home Textile major with a global footprint has recorded consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) (including other income) grew by 2% to Rs 55.71 crore in Q3 December 2014 over Q3 December 2013.

After consolidated net profit increased 42.4% to Rs 24.51 crore on 7.4% fall in total income to Rs 466.93 crore in Q3 December 2014 over Q3 December 2013. The result was announced after market hours on 11 February 2015.

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