Dollar Industries reports revenue for the third quarter

28 January 2022, Mumbai:

Dollar Industries Limited, a renowned garment and hosiery company situated in Kolkata, has released its financial results for the quarter ending December 31, 2021.

Total revenue for Q3FY22 and the first nine months of FY22 was Rs.383.55 crore and Rs.980.05 crore, respectively, compared to Rs.312.44 crore and Rs.729.99 crore in Q3FY21 and the first nine months of FY21, respectively, representing a growth of 22.76 percent for Q3FY22 and 34.25 percent for the first nine months of FY22.

While operating revenue for Q3FY22 and the first nine months of FY22 was Rs.382.05 crore and Rs.977.31 crore, respectively, compared to Rs.311.79 crore and Rs.728.64 crore for Q3FY21 and the first nine months of FY21, respectively, representing a growth of 22.53 percent for Q3FY22 and 34.13 percent for the first nine months of FY22.

Similarly, profit after tax (PAT) for Q3FY22 and the first nine months of FY22 was Rs.44.40 crore, or 11.58 percent, and Rs.108.76 crore, or 11.10 percent, respectively, compared to Rs.28.38 crore, or 9.08 percent, and Rs.67.18 crore, or 9.20 percent, for Q3FY21 and the first nine months of FY21, respectively, for a growth of 56.47 percent and 61.89 percent.

"The financial results for the third quarter of FY 21-22 demonstrate that the firm has been able to align itself with its growth trajectory as we have noticed a stronger demand for our products in the market," stated Vinod Kumar Gupta, MD, Dollar Industries Limited.

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