Dollar Industries Q3 revenues grow by 22.32%

In Q3FY21, the total revenues of Dollar Industries stood at Rs 312.44 as compared to Rs 255.43 for Q3FY20 growing by 22.32 percent.

Operating Revenue for Q3FY21 stood at Rs 311.79 as compared to Rs 254.81 for Q3FY20 with a growth of 22.36 percent. EBITDA for Q3FY21 stood at Rs 43.81 crore i.e. 14.02 percent as compared to Rs 33.94 crore i.e. 13.29 percent for Q3FY20

PAT for Q3FY21 stood at Rs 28.38 crore i.e. 9.08 percent as compared to Rs 19.58 crore i.e. 7.67 percent for Q3FY20. Vinod Kumar Gupta, Managing Director, Dollar Industries said, the company crossed the mark of Rs 300 crore of turnover this quarter. Also, this quarter the Industry witnessed a sharp increase in prices of cotton and yarn starting November, 2020. It will take a while before the prices stabilize for yarn. The company continues its journey of growth working on revamping the distribution channel and digitization.