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Fabrics & Accessories Trade Show 2022 (July 2022), New Delhi - India

Check out 2022 edition of Fabrics & Accessories Trade Show 2022 Details like exhibiting, Past edition, reviews, timing will be held at Pragati Maidan, New Delhi, India, New Delhi, India. ....

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Pioneer Embroideries Ltd - Update on Third Quarter - FY2021 Financial Performance


Pioneer Embroideries Ltd - Update on Third Quarter - FY2021 Financial Performance
Posted On:
2021-02-02 08:38:13
(Time Zone: Arizona, USA)
Pioneer Embroideries Ltd. (PEL), a leading manufacturer of customized Dope Dyed Polyester Yarn (DDPY) and Embroidered Fabrics & Laces (EFL), reported its third quarter financial performance, which saw it achieving one of its best-ever operational EBIDTA on back of a good demand of its DDPY products in domestic and exports markets.
Earnings Before Interest, Depreciation, Tax and Amortisation (EBIDTA) for Q3 FY2021 stood at Rs. 1,121 lakh, more than double over the corresponding previous quarterly figure of Rs. 536 lakh. On a quarter-on-quarter basis, EBIDTA for the third quarter was also 95 % higher. Similarly, for the 9-month period ending Dec, 2020, PEL s EBIDTA of Rs. 1,849 lakh increased by 15% over the corresponding previous period figure of Rs. 1,604 lakh. ....

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