Article: Emtex Industries reports Rs 40 cr turnover in 2005-06.

Emtex Industries reports Rs 40 cr turnover in 2005-06

Mumbai, Jul 19 (PTI) Textile manufacturer and exporter, Emtex Industries India Ltd has posted a sales turnover of Rs 40 crore for finanical year ended March 31, 2006, against Rs 36 crore last fiscal and is targeting a turnover of Rs 75 crore this fiscal.

"Company is on a resurgence mode and has shown cash profits last fiscal. Emtex looks to generate a turnover of Rs 75 crore this fiscal and Rs 150 crore by 2007-08," Company Vice President (Finance) P V Samuel told reporters today.

Emtex registered a turnover of Rs 230 crore in 2000- 2001 that had significanlty gone down in last few years.

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