Dollar Industries FY18 profit up 48% at Rs 64 crore

INSUBCONTINENT EXCLUSIVE:
KOLKATA: Dollar Industries reported a nearly 48 % jump in its consolidated net profit to Rs 64.25 crore for financial year 2017-18 as
against Rs 43.46 crore profit registered in the previous fiscal. While total revenue stood at Rs 984.52 crore for 2017-18 as compared to Rs
887.53 crore in 2016-17, profit before tax during the year under review was Rs 95.8 crore for 2017-18 against Rs 66.75 crore registered in
the previous fiscal, the company's mediastatement stated. The Kolkata based innerwear makers has presence across countries like Nepal,
Middle East and the Gulf
Dollar has evolved as an umbrella brand by launching an array of successful sub-brands like Dollar Bigboss, Dollar Club, Champion, Missy,
Force Go Wear, Ultra Thermals, Wintercare, Force NXT and many more
mergers and acquisitions
To boost growth further, the company is eyeing substantial number of EBOs, shop-in-shops and kiosks across major cities of India
Industries. Incidentally, Dollar Industries has got in-principle approval for listing on BSE
It had got listed on NSE on April 21, 2017.