Nandan Denim net profit increased 30.54 per cent at Rs 15.60 crores for the second quarter ended September 30, 2015. The company had reported a net profit of Rs 11.95 crores for the July-September quarter of last fiscal.

Nandan Denim's total income from operation during the quarter under review was up 6.35 per cent to Rs 294.53 crores as against Rs 276.94 crores for the same period last fiscal.

The company has also implemented a Rs 612 crores expansion plan which would take its capacity to 110 million meters a year. A lot of investment is being done, not only on hardware, but on software, market research, understanding and delivering fashion.

Nandan Denim is part of the Rs 3,000-crores Ahmedabad-based Chiripal Group. It markets 85 per cent of its denim fabrics for the Indian market, with the balance being exported to several countries. Going ahead, the company wants to hike its share of exports to 25 to 30 per cent of overall production.

www.nandandenim.com