MUMBAI, FEB. 12:
Mandhana Industries, which recently signed exclusive tie-up with Salman Khan for retailing under Being Human brand, reported that its net profit increased 24 per cent to Rs 21 crore (Rs 17 crore). Net sales were up 37 per cent at Rs 310 crore (Rs 226 crore). Manish Mandhana, Joint Managing Director, said the first venture into retail ‘Being Human’ has achieved a good response with the launch of two exclusive brand outlets in Mumbai and one each in Ahmedabad and Ludhiana. “Our fabrics and garments segment has also supplemented the growth rate. With the increase in garment capacity and adding of exclusive stores and distribution selling points will facilitate better growth in the coming quarters.”
Business Line