Dollar Industries’ Q3 FY22 results reported

31 January 2022, Mumbai:

Dollar Industries have reported the results for Q3 FY'22, the third quarter which ended in December 2021.

The numbers reported are:

Net profit = Rs 44 crore against Rs 28 crore during the same period last year (12% rise).

Revenue = Rs 383 crore against Rs 312 crore during the same period last year (23% rise).

The financial results for the third quarter of FY22 indicate that the company has been able to align itself with its growth trajectory of Kolkata-based knitwear manufacturer as it has witnessed a greater demand for products in the market. 

It has witnessed an 11 per cent growth in volume Q3FY22, says Vinod Kumar Gupta, Managing Director.

Over the next few years, the company plans to expand its retail presence by opening 10 exclusive-brand outlets across the country during the current fiscal year.

It currently holds a 15 percent market share in the organized innerwear segment with a strong presence across India.

Credits: Fashion Network

Financial Figures: ET

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