Mafatlal Industries Ltd., flagship company of the Arvind Mafatlal Group has declared a dividend of 30% for the year ended 31st March 2014. The Company has reported a total operating income of Rs. 917.73 crore as compared to Rs. 797.49 crore for the previous year. Profit after tax stood at Rs. 23.93 crore, and Earning per share (EPS) of Rs.17.20 on face value of shares of Rs. 10 each. The paid up equity of the company is Rs.13.91 crores.
Mafatlal Denim Limited and Mishapar Investments Ltd, a wholly owned subsidiary of the company have been amalgamated with the Mafatlal Industries Ltd, the effect of which has been given in the quarter ended 31st March 2013. Thus the figures of the quarters ended 31st March 2014 are not comparable with the corresponding quarters ended 31st March 2013.
About Mafatlal Industries Limited (MIL):
The Arvind Mafatlal Group is a pioneer for quality textiles in India since 1905. Mafatlal Industries Limited has composite textile mills with the latest technologies and machinery located at Navsari & Nadiad in Gujarat. This interwoven with tradition, innovation and creative designs enables MIL to deliver world class fabrics. The company's product portfolio consist of yarn dyed & piece dyed shirting, suiting, voiles, prints, linens, bleached white fabric, rubia, value added & fashion denims, school uniform fabrics, corporate /institutional uniforms, bed & bath linen and readymade garments.
Mafaftlal has an extensive 400 dealers network and 35,000 retail outlets throughout India. MIL is a fabric supplier to the most discerning customers and brands in the domestic and overseas markets. Web: www.mafatlals.com
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