Dollar Industries Limited, one of the leading Garment & Hosiery companies in the country has announced its financial results for the quarter ended September 30th, 2021.
Highlights for Q2 & H1 FY22 Standalone Financials
- Total Revenue for Q2FY22 & H1FY22 stood at Rs.391 & RS.596.50 crore as compared to Rs.257.92 & Rs.417.55 crores for Q2FY21& H1FY21 growth of 51.59% for Q2FY22 & 42.86 % for H1FY22.
- Operating Revenue for Q2FY22 & H1FY22 stood at Rs.390.67& Rs.595.25 crore as compared to Rs.257.39& Rs.416.84crores for Q2FY21& H1FY21, growth of 51.78% for Q2FY22 &42.80 % for H1FY22.
- EBITDA for Q2FY22 & H1FY22 stood at Rs.62.01crore i.e. 15.86%& Rs.98.26crore i.e. 16.47% as compared to Rs.35.67crore i.e. 13.83% & Rs.64.50 crores i.e. 15.45 % for Q2FY21& H1FY21, growth of 73.84% & 52.34% for Q2FY22 & H1FY22.
- PAT for Q2FY22 & H1FY22 stood at Rs.41.24crore i.e. 10.55% & Rs.64.35 crore i.e. 10.79% as compared to Rs.22.36 crore i.e. 8.67 % & Rs.38.80crores i.e. 9.29 % for Q2FY21 H1FY21, growth of 84.43% & 65.85 %for Q2FY22 & H1FY22.
Commenting on the results, Mr. Vinod Kumar Gupta, Managing Director, Dollar Industries Limited said, “The financial results for the second quarter of FY21-22 indicates that the Company has been able to align itself with its growth trajectory as we have witnessed a greater demand for our products in the market. This October, we launched our first Exclusive Brand Outlet (EBO) in Ayodhya and also plan to launch similar outlets pan-India. We would continue to focus on increasing our reach and range at the Retail level to grow further.”
