Dollar Industries post 6.24% loss in Q2 FY21

In its second quarter, Dollar Industries generated revenues of Rs. 258.98 while revenues in the first half of the financial year stood at Rs 419.16 crore. As a result, the company reported a profit of 6.24 per cent in Q2 while it registered a 12.26 per cent loss in H1 of FY21.

Dollar Industries holds 15 per cent of the total market share in the organized segment in its core product category. It ranks amongst the top hosiery and garment manufacturing giants in India and covers an entire range of knitted garments, from basicwear to outerwear.

Besides having a substantial pan-India presence, the company has established its market abroad, in countries like UAE, Oman, Jordan, Qatar, Kuwait, Bahrain, Yemen, Iraq, Nepal and Sudan in past few years. It is the first Indian innerwear company to have a fully integrated manufacturing unit which is equipped with all the latest processing technologies and the top-most finishing range to produce finished raw material dyed in any possible colour.