India: Haria Exports improves performance during Q1, FY 2013-14

Company Performance

India: Haria Exports improves performance during Q1, FY 2013-14

By Textile Excellence
August 19, 2013

Haria Exports, among the country’s important apparel exporters, has improved its net profit during the first quarter of the current financial year, to Rs 551,000. The company had suffered a loss of Rs 9.14 million during the preceding three months. In the corresponding three months, net profit was recorded at Rs 713,000.

The company’s net sales during the April-June quarter this year were to the tune of Rs 5.05 million, a 411% growth, compared to the preceding quarter. But 80% lower than in the corresponding quarter of 2012.