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| The Textile Magazine
JUNE 2012
SKNL’s
excellent performance
with PAT soaring 20%
corporate news
S. Kumars Nationwide Ltd.
(SKNL), a leading multi-
brand conglomerate involved
in the design, manufacturing,
marketing and distribution
of high quality fabrics and
ready-to-wear garments, has
clocked a net revenue of Rs.
63.643 million during the
year ended March 31, 2012,
up 21.9 per cent compared
to Rs. 3,925 million in 2011.
During the year, EBITDA stood
at Rs. 13,470 million (Rs. 10,565
million), an increase of 27.5 per
cent. EBITDA margin for the
year grew 21.2 per cent and PBT
increased to Rs. 6,659 million (Rs.
5,580 million).
Net profit (before minority inter-
est) increased 20 per cent to Rs.
4,708 million compared to Rs.
3,925 million in 2011. PAT, after
minority interest, rose 19.3 per cent
to Rs. 3,949 million (Rs. 3,309
million). Fully diluted EPS after
minority interest stood at Rs. 13.7,
up by 12.1 per cent. The Board
has recommended Re.1 per equity
share of Rs. 10 each to be paid as
dividend.
SKNL has reported substantial
improvement in revenues and
delivered enhanced margins despite
a difficult macro-economic environ-
Mr. Nitin S. Kasliwal, Managing Director and Vice Chairman, SKNL