Shri Lakshmi Cotsyn news and archive

Shri Lakshmi Cotsyn Q1 net profit up 41%

Shri Lakshmi Cotsyn has announced its net profit rose 41.3 per cent to Rs 403 million for the quarter ended June 30, 2012, as against Rs 285 million in the corresponding quarter last fiscal. The company is an integrated textile player engaged in manufacturing and processing of a wide range of end-to-end textile products and safety textiles for...

Fashion

DYFI(R) to unveil a women’s line by autumn/winter ’12

Shri Lakshmi Cotsyn’s young, trendy and fashionable brand DYFI® is on an expansion mode. Commenting on their retail strategy, Shakti Sinha, Business Head, Shri Lakshmi Cotsyn (DYFI®) says, “We hope to grow by 250 per cent by March 2013. While many international brands are coming to India and those that are already here, are looking beyond metros...

Apparel

CRISIL gives Shri Lakshmi Cotsyn 5/5

CRISIL Research has come out with its report on Shri Lakshmi Cotsyn. The research firm has initiated coverage on the company with a valuation grade of 5/5, fundamental grade of 2/5 and maintained fair value of Rs 150 per share in its August 8, 2011, report. Shri Lakshmi Cotsyn’s Q4 FY ’11 (June-ending) revenues and profitability were in line...

Apparel

Shri Lakshmi Cotsyn to have EBOs

Shri Lakshmi Cotsyn (SLCL), an integrated textile player engaged in manufacturing and processing end-to-end textile products, is launching exclusive retail outlets in tier II cities under its brand name Weaves. The company will roll out 100 franchise-owned stores in 50 cities in the next two years, starting with the first store in Chandigarh. An...

Apparel

Lakshmi Cotsyn high on profit

Shri Lakshmi Cotsyn has posted a net profit of Rs 25.40 crores for the quarter ending March 31, 2010. It reported Rs 15.65 crores for the fourth quarter last year. The net profit has gone up by 62.30 per cent. The total sales was Rs 389.10 crores in the fourth quarter, up from Rs 291.06 crores for the same quarter last year. This is an increase...