Skip to main content

Acknit Industries Ltd.

Image
By
Type of Industry: Textiles - Hosiery/Knitwear


Company Profile: Acknit Industries Limited was incorporated in 1990 in India for manufacturing and export of Seamless Hand Gloves to various countries in the World. Acknit has now emerged as a leading Exporter in India.

Having established leadership in Seamless Hand Gloves and export extended to European, U.S.A. and Canadian countries on the strength of best quality and competitive cost, Acknit has now diversified its product range into divisions, namely Seamless Gloves Division, Leather Division and other leather Products Division and Industrial Garments Division.

  • Gloves Division : Producing all types of Seamless Gloves made of different yarn of Cotton, Poly/Cotton, Polyamide, Kevlar, Dyneema.
  • Leather Division : Producing all types of Leather Gloves, Jacket, Apron, Leg Guard made from Split, Chrome, Heat Resistance, Water Repellant Leather etc.
  • Industrial Garment : Producing Industrial Garments made from 100% Cotton Fabric, Poly/Cotton, Polyester and High Visibility fabrics.
The phenomenal growth of Acknit is due to patronage received from a set of satisfied large customer network in the world who are convinced about consistent quality of Acknit products to their respective requirements and competitive cost with timely delivery. Acknits strength is its Quality Assurance System and Quality Management System practiced by competent, quality conscious and productive work force operating on latest technology under compatible work environment.

The Quality Policy of the organization reflects our reasons of success, attainment of market leadership in manufacturing and export of diverse Hand Gloves with assured quality of utmost customer satisfaction and to improve continually the products as well as development of people's competence on the basics of an internationally recognized Quality Management System.

For detail profile of the company one can visit: Acknit Industries Ltd.

Financials

Acknit Knitting registered a steep drop of 47.73% in net profits of Rs 4.03 million for the quarter ended in September 2007 from a profit of Rs 7.71 million for the quarter ended in September 2006.

Net Sales rose 14.52% to Rs 103.86 million for the quarter ended September 2007 from Rs 90.69 million for the quarter ended September 2006.

Total income rose 15.23% to Rs 106.35 million for the quarter ended September 2007, from Rs 92.29 million for the quarter ended September 2006.

The earnings per share (EPS) of the company stood at Rs 1.60 in the quarter ended September 2007.

Why I am interested in Acknit Industries Ltd. :

As today I shown my keen interest to enter into stocks, when I see Company Listings for Textiles - Hosiery/Knitwear, this company is one of the highest profit maker of the day.

Also read :Textiles - Hosiery/Knitwear
Labels:

Comments

Post a Comment

Popular posts from this blog

Accenture Off Campus Drive in PCCOE, PUNE

By
Accenture is partnering with CoCubes.com and Pimpri Chinchwad College of Engineering (PCCOE) for their 2010 off-campus drive in PCCOE, Pune between 24th- 26th Sep. (Given below is the complete job description for your reference) Job Description: Company Profile Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Target Degrees & Branches :B.E, B.Tech and MCA CTC :Rs. 3,00,003 Designation :Associate Software Engineer Role & Responsibilities Key Responsibilities: *Understand Software/System components and associated Specifications. *Create specifications and deploy these components. *Develop, modify and review testing components based on defined specifications and ...
49 comments
Read more

China vs India: Sikkim border conflict between India and China in 1967

By Pradeep Kumar
Did you know India has offered 800 sheep and 59 yaks to China. Image Source: Google Images I am pretty sure its hard to believe, but its true, that India has offered 800 sheep and 59 yaks to China. 1962 war with China will remain in the memories of most of the Indians. Although China was not able to gain any strategic advantage after the war. Hence China keeps on waiting or rather creating these small issues to take advantage out of them. For this China opened another front in Sikkim and Arunachal Pradesh, but they did not find any reason to start any conflict with India in these reasons. Then comes this missing flock of 800 sheep and 59 yaks besides the allegations of territorial incursions. This let to the build-up Sikkim border conflict between India and China in 1967. This is what China was looking for since 1962 war. Exchanges between the two governments dating back to 1965 reveal that China accused Indian troops of stealing the flock of animals from Tibetan herdsmen ...
Post a Comment
Read more