Mafatlal industries: well set to expand denim, fabric divisions

摘要

Mafatlal Industries Ltd. (MIL), one of India's largest textile manufacturers based in Mumbai, in a major initiative, amalgamated Mafatlal Denim Ltd. and Mishapar Investments Ltd. with itself with effect from April 1, 2012, to benefit from a few integration synergies. The post-amalgamated entity of MIL represents the flagship of the group, with 2012-13 revenues of Rs. 840.38 crores and a net profit of Rs. 37.16 crores. "Following the amalgamation, capacity expansion across our denim and fabric divisions will strengthen our sectoral position", says Mr. Hrishikesh A. Mafatlal, Chairman, Mafatlal Industries Ltd.