Dollar Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 06, 2024 at 07:49 am EST
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Dollar Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 3,315.53 million compared to INR 2,853.4 million a year ago. Revenue was INR 3,327.79 million compared to INR 2,858.92 million a year ago. Net income was INR 177.1 million compared to INR 77.36 million a year ago. Basic earnings per share from continuing operations was INR 3.12 compared to INR 1.36 a year ago. Diluted earnings per share from continuing operations was INR 3.12 compared to INR 1.36 a year ago.
For the nine months, sales was INR 10,723.15 million compared to INR 9,874.5 million a year ago. Revenue was INR 10,747.36 million compared to INR 9,909.45 million a year ago. Net income was INR 571.06 million compared to INR 519.89 million a year ago. Basic earnings per share from continuing operations was INR 10.07 compared to INR 9.17 a year ago. Diluted earnings per share from continuing operations was INR 10.07 compared to INR 9.17 a year ago.
Dollar Industries Limited is engaged in engaged in manufacture and sale of hosiery products in knitted inner wears, casual wears, and thermal wears. The Company also has a Power Generation Unit sourced from Windmill and Solar. It operates through Garments & Hosiery goods and related services segment. The Company offers a variety of products for men, women, and children, including undergarments, athleisure, sportswear, lingerie, leisure wear, sleepwear, and lounge wear. The products are made using a combination of cotton and man-made fibers, or either of the two. Its products are categorized under brands Dollar Man, Dollar Woman, Dollar Junior, Dollar Always, Dollar Protect, and Dollar Thermal. Dollar Bigboss is its premium series of men's innerwear. Dollar J-Class, a range of premium innerwear for men. Dollar Athleisure is its offering of stretch fabrics with skin grip. Its Dollar Woman brand includes products, such as camisoles, panties, leg wears, casual wear, bras and socks.
DOLLAR INDUSTRIES LIMITED 
