Friday 17 January 2020
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business-standard - 1 month ago

BSL plans to revamp oper focuses on bottomline

BSL Limited plans to revamp its marketing operations and the senior management team to make it one of the top three manufacturers of suitings and furnishing fabrics in the country, a company official said. BSL, formerly Bhilwara Synthetics Limited, is currently focusing on improving bottomline after which it will go for capacity expansion, the company s joint managing director Nivedan Churiwal said. We are trying to revamp the domestic business for which we are revamping the senior management team as well as the marketing operations , Churiwal told PTI. He said the company s aim is to be among the top three suitings and furnishing fabrics manufacturers in the country. Churiwal said the financial health of BSL has been good, although the company was making low post-tax profits. Last year, he said, the company had made a meagre net profit of around Rs one crore. This was due to high interest and depreciation costs in fabrics industry as compared to the trading of ...

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