Himatsingka Seide : Consolidated financial performance (for the Quarter ended 30th June 2015)

PRESS RELEASE

Thursday, July 23 2015

• Consolidated PAT for Q1 FY 2015 up by 89.3% at Rs. 40.79 crores

• Consolidated EBIT for Q1 FY 2015 up by 49% to Rs. 64.91 crores

• Consolidated EBITDA for Q1 FY 2016 up by 37.6% to Rs. 76.19 crores

• Consolidated Revenues for Q1 FY 2016 down by 6.8% to Rs. 468.51 crores

Consolidated EBITDA (including other income) grew by 37.6% and stood at Rs. 76.19 crores vs. Rs.
55.39 crores in the corresponding quarter of the previous year.
Consolidated EBIT grew by 49% and stood at Rs. 64.91 crores vs. Rs. 43.55 crores in the corresponding quarter of the previous year.
Consolidated PAT grew by 89.3% and stood at Rs. 40.79 crores vs. Rs. 21.55 crores in the corresponding quarter of the previous year.
Consolidated Revenues dropped by 6.8% to Rs. 468.51 crores vs. Rs. 502.68 crores in the corresponding quarter of the previous year.

Manufacturing Revenues represented by the Drapery/Upholstery and Bedding Divisions grew by 10.1 %
to Rs. 251.91 crores vs. Rs. 228.74 crores in the corresponding quarter of the previous year.

Revenues from Global Retail and Distribution business across North America, Europe and Asia for the quarter was Rs. 423.5 crores vs Rs. 456.54 crores in the corresponding quarter of the previous year.

The Rs. 2000 crore Himatsingka Group is a vertically integrated home textile major with a global footprint. The Group focuses on the manufacture, retail and distribution of Home Textile products. On the manufacturing front, the Group operates amongst the largest capacities in the world for upholstery fabrics, drapery fabrics and bed linen products. Spread across Asia, Europe and North America, its retail and wholesale distribution divisions carry some of the most prestigious brands in the Home Textile space and cater to Private Label programs of major retailers across these geographies.
With over 5000 people, the Group continues to expand its reach and build capacities in the Home Textile space.
www.himatsingka.com

10/24 Kumara Krupa Road,
High Grounds
Bangalore - 560001
Tel: +91.80.4257 8000
Fax: +91.80. 4147 9384

PRESS RELEASE

Thursday, July 23 2015

For Investors:

Assistant Vice President - Treasury, Taxation
& Company Secretary Himatsingka Seide Ltd. Phone: +91-80-42578000
Email: investors@himatsingka.com

For Media:

Statements in this document relating to future status, events, or circumstances, including without limitation statements about plans and objectives, the progress and results of research and development, potential product characteristics and uses, product sales potential and target dates for product launch are forward-looking statements based on commercial estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may materially differ from those anticipated in such forward-looking statements. Himatsingka Seide Limited may, from time to time, make additional written and oral forward looking statements, including statements contained in the company's filings with the regulatory bodies and its reports to shareholders. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors that may or may not be relevant.

distributed by