Months after listing, Kalahridhaan Trendz plans to expand production capacity
With an increase in orders in hand, the expansion will enable the company to fulfill customer orders promptly and efficiently, thereby meeting the growing demand for its products.
Months after getting listed, Kalahridhaan Trendz Limited has informed exchanges that it is planning an expansion to boost its production capacity to meet the surge in demand. According to the company, it is set to upscale its manufacturing capabilities to 7.00 lakh meters per month.
"This significant move comes as part of the company's strategic vision to cater effectively to the evolving needs of its customers and capitalize on emerging market opportunities," the company said in an exchange filing.
With an increase in orders in hand, the expansion will enable the company to fulfill customer orders promptly and efficiently, thereby meeting the growing demand for its products. Also, the company anticipates a 25 per cent increase in profit margins on a year-to-year basis due to improved operational efficiency and economies of scale resulting from the expansion.
Furthermore, the company forecasts a profit range of Rs 75 crore to Rs 100 crore for the current fiscal year. Also, Kalahridhaan Trendz foresees a substantial 25 per cent increase in profit margins on a year-on-year basis.
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11:05 PM IST