Mafatlal Industries Q2 net profit at Rs 4.81 cr

Mafatlal Industries, the flagship company of the Arvind

Mafatlal Group has declared unaudited financial results for the quarter ended September 30, 2013 with standalone total income at Rs 278.72 crores and net profit of Rs 4.81 crore for the quarter.

For the six months ended September 30, 2013, Mafatlal's total income stood at Rs 501.15 crores and net profit at Rs 17.86 crores. Mafatlal Denim and Mishapar Investments, a wholly owned subsidiary of the company have been amalgamated with the Mafatalal Industries.

The Arvind Mafatlal Group is a pioneer in quality textiles since 1905. Mafatlal Industries has composite textile mills with the latest technologies and machinery located at Navsari and Nadiad in Gujarat. The company's product portfolio consists of yarn dyed and piece dyed shirting, suiting, voiles, prints, linens, bleached white fabric, rubia, value added and fashion denims, school uniform fabrics, corporate /institutional uniforms, bed and bath linen and readymade garments. Mafatlal has an extensive network of 400 dealers and 35,000 retail outlets throughout India.