India : Garment maker Virat posts unaudited financial results
November 19, 2014
Fibre2fashion.com, India
Virat Industries Ltd (VIL) announced unaudited financial results for the quarter ended 30th September, 2014.
The above financial result, have been taken on record in the Board Meeting held on 25th October, 2014 and reviewed by the Statutory Auditors.
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Virat Industries Ltd (VIL), is a public Limited Company, quoted on the Indian Stock Market. VIL is a 100% Export Oriented Unit (EOU) manufacturing excellent quality socks for export mainly to the European markets.
Production capacity is normally based on size, design and style of socks. As per the prevalent pattern of production, the production capacity of VIL is estimated at 3.5 million pairs per annum.
The factory was designed and engineered by Gherzi Textil Organisation, Switzerland and their Associates Gherzi Eastern Ltd, Mumbai, India. VIL commenced production in November 1995 The project cost was around Rs. 85 million.
Virat Industries Ltd
