Nagreeka Exports Limited is an India-based company, which is engaged in the manufacture and export of cotton yarn and other various merchandise. It has a single operating segment, namely Textile business. Its product categories include 100% cotton yarns, specialty yarns, fabrics, and home furnishing. Its 100% cotton yarns include Combed (Ne 8 - Ne 100), Carded (Ne 8 - Ne 100), and Open End (Ne 4 - Ne 24). Its specialty yarns include organic yarn, slub yarns, organic slub yarns, normal & reverse twists yarns, core spun yarns, dyed/gassed/mercerized yarns, high twist yarns, viscose yarns - O.E./ring spun, and polyester spun yarns. It supplies a range of fabrics which includes raw, printed, and finished fabrics on cotton or cellulosic base frames. Its home furnishing includes yarn dyed towels, embroidered towels, and medical fabrics. It has an installed capacity of approximately 55,440 spindles in ring spinning. The Company sells its products in domestic as well as international markets.
NAGREEKA EXPORTS Financial Highlights
- Revenue: NAGREEKA EXPORTS reported revenue of ₹205.91 crore in FY06 vs ₹123.04 crore in FY05. It showed an increase of 67.35% on a yearly basis.
- Operating Profit: NAGREEKA EXPORTS reported an operating profit of ₹36.69 crore in FY06 vs ₹5.01 crore in FY05. It showed an increase of 632.34% on a year-on-year basis.
- Net Profit: NAGREEKA EXPORTS reported a net profit of ₹34.51 crore in FY06 vs ₹3.82 crore in FY05. It showed an increase of 803.40% on a yearly basis.