Siyaram Silk Mills sees marginal rise in Q2 net profit

Siyaram Silk Mills reported net sales/income from

operations of Rs 338.48 crores for the quarter ended September 30, 2013 as against Rs 267.28 crores for the quarter ended September 30, 2012. The net profit was at Rs 18.51 crores for the quarter as against Rs 17.92 crores for the quarter ended September 30, 2012. The company has reported an EPS of Rs 19.74 for the quarter.

For the half year ended September 30, 2013, the company reported net sales/income from operations of Rs 589.56 crores as against Rs 472.89 crores for the half-year ended September 30, 2012. The net profit was at Rs 29.24 crores for the half-year ended September 30, 2013 as against Rs 28.23 crores for the half-year ended September 30, 2012. It has reported an EPS of Rs 31.19 for the half-year.

For over three decades, Siyaram Silk Mills has been catering to young with its contemporary fashion accessible to the classes and masses. It is a leading fabric manufacturer that boasts of an elite brand portfolio consisting of powerful brands like Siyaram’s, J Hampstead, Mistair, MSD, Oxemberg, Royale Linen and the recently launched Moretti, Free Fall and Victory.