SPL Industries Limited is an India-based company, which is a manufacturer and exporter of Knitted fabric and Knitted garments. It also engages in a range of processing activities including printing, dyeing, coloring, spinning, weaving, combing, knitting, and bleaching. It has two reportable segments, namely Manufacturing and Trading. The Manufacturing segment engages in the manufacture of cotton knitted garments and made ups and processing charges. The Trading segment engages in the trade of garments. The Company designs, manufactures, and sells a range of outer wear, T-shirts, sweatshirts, polo shirts, among others. It has approximately five factories in Faridabad covering 500,000 square feet spread over 14 acres of land. Its Knitted unit manufactures various fabrics, including Single Jersey, Jacquard, Interlocks, Flat backs, Auto Stripes Fleece, Double Jersey Jacquard, and Waffles and Different Textures. Its knitted dyed fabric has the capacity of approximately 20 tons per day.
SPL Industries Financial Highlights
- Revenue: SPL Industries reported revenue of ₹159.56 crore in FY11 vs ₹282.58 crore in FY10. It showed a decrease of 43.53% on a yearly basis.
- Operating Profit: SPL Industries reported an operating loss of ₹68.54 crore in FY11 vs ₹36.01 crore in FY10. It showed a decrease of 90.34% on a year-on-year basis.
- Net Profit: SPL Industries reported a net loss of ₹70.09 crore in FY11 vs ₹36.30 crore in FY10. It showed a decrease of 93.09% on a yearly basis.
SPL Industries Quarterly Result Highlights
- SPL Industries reported revenue of ₹68.94 crore in Dec 2007, compared with ₹49.79 crore in Dec 2006, representing an increase of 38.46% on a quarter-on-quarter (QoQ) basis.
- SPL Industries reported an operating profit of ₹1.05 crore in Dec 2007, compared with ₹3.10 crore in Dec 2006, representing a decrease of 66.13% on a quarter-on-quarter (QoQ) basis.
- SPL Industries reported a profit of ₹0.73 crore in Dec 2007, compared with ₹2.22 crore in Dec 2006, reflecting a decrease of 67.12% on a QoQ basis.
