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Bombay Dyeing, an Indian textile company, has reported a 128.2 per cent revenue growth to ₹495.5 crore in the second quarter (Q2) of FY22 ended on September 30, 2021, against the revenue of ₹217.0 crore in the corresponding period of previous fiscal. However, the company’s net loss widened to ₹93.3 crore compared to the loss of ₹90.6 crore in the Q2 FY21.
Bombay Dyeing, an Indian textile company, has reported a 128.2 per cent revenue growth to ₹495.5 crore in the second quarter (Q2) of FY22 ended on September 30, 2021, against the revenue of ₹217.0 crore in the corresponding period of previous fiscal. However, the company’s net loss widened to ₹93.3 crore compared to the loss of ₹90.6 crore in the Q2 FY21.
During the three-month period, polyester segment’s sales more than doubled to ₹384.2 crore (₹175.8 crore), while retail/textile segment’s sales slipped to ₹4.0 crore (₹6.4 crore).
Bombay Dyeing, an Indian textile company, has reported a 128.2 per cent revenue growth to ₹495.5 crore in the second quarter (Q2) of FY22 ended on September 30, 2021, against the revenue of ₹217.0 crore in the corresponding period of previous fiscal. However, the company’s net loss widened to ₹93.3 crore compared to the loss of ₹90.6 crore in the Q2 FY21.
Moreover, the home textiles firm’s revenue for the first half of FY22 has leaped to ₹876.4 crore (₹308.2 crore). Whereas loss for the six-month period has reduced to ₹201.2 crore (₹219.9 crore).
Fibre2Fashion News Desk (JL)
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