Dollar Industries Limited posted a 58 percent rise in its net profit to Rs 19 crore ($2.7 million) in the fourth quarter ended March 2021, as against a net profit of Rs 12 crore in the year-ago period.
Dollar Industries Ltd witnessed a 41 percent slump in its net profit to Rs 13 crore ($1.73 million) for the fourth quarter ended March 2020, as against Rs 23 crore it reported in the corresponding period last year.
Kolkata-based knitwear manufacturer Dollar Industries Ltd has revamped its brand identity with the launch of a new logo and campaign ‘Wear the change’ as it looks to project itself as a youthful brand.
Dollar Industries Ltd witnessed a 30 percent decline in its net profit to Rs 14 crore ($2 million) for the second quarter ended September 30, 2019, as against Rs 20 crore it had reported in September 2018.
Textile and hosiery firm Dollar Industries Limited will invest around Rs 200 crore (approx $31.3 million) to strengthen its position in the north and west Indian markets by acquiring local players from the regions.