Mandhana news and archive

Mandhana ventures into Tier II, III cities

Mandhana Retail Ventures is planning to expand its footprint across smaller towns and cities for the next phase of growth. Mandhana is a textile and apparel manufacturing company. It sells the Being Human brand of clothing. The company is planning to open 100 exclusive Being Human stores in the next four years across Tier II and III cities like...

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Business

Mandhana’s shares fall 60 per cent due to a tiff with Salman Khan

The speculation on Mandhana Industries’ reported differences with Bollywood actor Salman Khan’s charitable trust over the profit sharing terms for selling his branded clothing line has seen shares tumble 60 per cent last week. The stock was locked at its lowest circuit for at Rs 123 on the BSE. The reason behind the difference is believed to be...

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Business

Mandhana Industries reports marginal growth of 3.86 per cent

Textile company Mandhana Industries has reported marginal growth of 3. 86 per cent in net profit at Rs 15.9 crores for the quarter ended March 31, 2016 as against Rs 15.34 crores in the corresponding quarter of the previous year. The company’s revenue has grown marginally by 5.86 percent at Rs 472.3 crores in Q4 FY16. In fact, its operating...

Apparel

Mandhana Industries Q1 PAT declines 9.80 percent

Mandhana Industries, a leading manufacturer of textiles and apparels has reported a decline in its Q1 profits at Rs 9.45 crore compared to Rs 10.48 crore in the corresponding quarter of the previous year. A decline of 9.80 per cent. Net sales for the audited quarter registered a growth of 35.81 per cent and stood at Rs 288.57 crores as against...

Apparel

Mandhana’s Q3 profits rise 13.74%

India’s leading manufacturer of multidivisional textile and garments, Mandhana Industries has reported its quarterly revenue numbers with a 13.74 per cent rise in revenue. It has also registered a massive 88.60 per cent jump in net profit for the quarter ended December 31. While the company saw its net profit touching Rs 199 million, which is a...

Fashion

Salman Khan’s Being Human ties up with Mandhana Industries

Manish Mandhana is a happy man, for his company Mandhana Industries, which is rated among the top few textile and apparel companies in India, is now looking at scaling new heights. The company recently signed an exclusive deal with Bollywood superstar Salman Khan’s NGO Being Human for designing, manufacturing and distribution of their clothes...

Fashion

Mandhana to launch menswear brand, venture into retail

As a vertically integrated company in the entire textile value chain, Mumbai-based Mandhana Industries plans to take its present capacity of around 3.6 million pieces of garments to 12 million pieces by next year. With the entire business split into two divisions of domestic and exports, the company has manufacturing facilities spread across...