Writebest



KMP
Traduire cette page:
Send to a friend Print

21.05 11:43:20

Navneet's stationery business soars - India

India’ Navneet Publications says that its stationery business picked up in Q4 following a a couple of quarters of underperformance Revenue grew 32.8% YoY to Rs825mn (11.7 million euros) backed by better order flows from India and abroad. The PBIT margin remained flat at 13.7% year on year.

 

“We expect the performance of the stationery segment to improve in FY13E as the company expects strong order flow from international markets,” said Navneet in a statement.

 

Originally a publication company, In 2006 Navneet added to its Paper Stationery products with a range of Non-Paper Stationery – FfUuNn Pencils. Over the years the Company has added many products under this brand ranging from erasers, sharpeners, rulers, compass boxes, crayons. Its stationery business now counts over 500 SKUs.


Back previous page