Friday, December 16, 2011

>SIYARAM SILK MILLS LIMITED: Result Update: Q2 FY 12

Siyaram Silk Mills Ltd. (Siyaram’s) is one of the most renowned vertically integrated textile companies in the country.

During the quarter ended, the robust growth of Net Profit is increased by 16.93% to Rs.169.80
million.

The company offers yarns, fabric, home textiles and apparels in the Indian and global markets.

Net Sales and PAT of the company are expected to grow at a CAGR of 18% and 31% over 2010 to 2013E respectively.

The company has wide range of latest machinery in its eco-friendly plants at Tarapur, Daman and Mumbai.

The Siyaram’s brand retails in over 40000 outlets all over the country.

To read more about SIYARAM SILK MILLS
RISH TRADER

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