Mumbai-based Visagar Polytex – manufacturer and retailer of women’s ethnic wear 69 per cent surge in its net profit which stood at Rs. 1.71 crore against Rs. 1.01 crore last year. The EPS of the company stood at Rs. 1.02 for FY15 vis-à-vis Rs. 0.60 for FY14.
The company markets its products under the brand name Vividha and has wholesale presence in about 1,500 stores across the country. The label is also planning to expand its reach in Gujarat, Maharashtra, Madhya Pradesh, and Uttar Pradesh.
