INDIA: S Kumars Q1 profit down despite 33% sales hike
Fabric and clothing producer S Kumars Nationwide (SKNL) recorded a 7% drop in first quarter profit to INR512m (US$10.6m), in spite of a 33% sales surge.
Fabric and clothing producer S Kumars Nationwide (SKNL) recorded a 7% drop in first quarter profit to INR512m (US$10.6m), in spite of a 33% sales surge.