Dollar Industries , a leading player in the Indian hosiery and garment manufacturing sector, has reported robust financial results for the first quarter of fiscal year 2026, while also setting an ambitious revenue target for the future.

Q1 FY26 Financial Highlights

The company's unaudited consolidated financial results for Q1 FY26 show significant year-on-year growth:

• Operating Income increased by 19.6% to ₹399.13 crore
• Gross Profit rose by 19.0% to ₹141.48 crore
• Operating EBITDA grew by 20.4% to ₹42.88 crore
• Profit After Tax (PAT) surged by 39.3% to ₹21.32 crore

Key Performance Indicators

Growth Drivers

Dollar Industries' strong performance was driven by several factors:

• Volume growth of 18.7% year-on-year
• Impressive growth in modern trade, e-commerce, and quick commerce channels, with revenue up 65.2% and volumes up 82.0%
• Quick commerce alone contributed 3.1% to total operating revenue
• Force NXT brand showed robust growth with a 23.0% increase in value and 17.5% in volume

Strategic Focus and Future Outlook

The company has set its sights on achieving a revenue target of ₹2,000 crore by FY28. To reach this goal, Dollar Industries plans to focus on:

1. Premium offerings
2. Expanding the athleisure product range
3. Growing the womenswear segment
4. Boosting e-commerce and export sales
5. Implementing a brand-focused approach to improve margins

Management Commentary

Vinod Kumar Gupta and Binay Kumar Gupta, Managing Directors of Dollar Industries Limited, commented on the results: "We are pleased with our Q1 FY26 performance, which reflects the success of our strategic focus on high-margin products and expanding footprint in new-age distribution channels. We remain committed to these initiatives to drive sustainable growth and profitability in the years ahead."

Conclusion

Dollar Industries' strong Q1 FY26 results and ambitious revenue target demonstrate the company's resilience and growth potential in the competitive innerwear and casual apparel sectors. With a clear strategy focusing on premium offerings, diversification, and expanding distribution channels, the company appears well-positioned to strengthen its market presence and achieve its financial goals.

Dollar Industries , a prominent player in the Indian hosiery sector, has released its financial results for the fourth quarter of fiscal year 2023, along with a dividend announcement for its shareholders.

Q4 FY23 Financial Performance

Dollar Industries reported mixed results for the fourth quarter of FY23:

All figures in million rupees, except percentages

The company's revenue for Q4 FY23 increased to 5,400.00 million rupees, up from 4,880.00 million rupees in the same period last year, representing a growth of 10.66%. This growth in top-line performance indicates strong demand for Dollar Industries' products during the quarter.

However, the company faced some pressure on its profitability metrics. The Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) slightly decreased to 535.00 million rupees, compared to 545.00 million rupees in Q4 FY22. Consequently, the EBITDA margin contracted to 9.91% from 11.17% in the previous year, a decline of 126 basis points.

Net profit for the quarter stood at 309.00 million rupees, marginally lower than the 320.00 million rupees reported in the same quarter of the previous fiscal year.

Dividend Announcement

In a move that will likely be welcomed by shareholders, Dollar Industries has recommended a dividend of 3.00 rupees per equity share. This dividend announcement demonstrates the company's commitment to returning value to its shareholders, despite the slight dip in profitability.

Conclusion

Dollar Industries' Q4 FY23 results present a mixed picture, with strong revenue growth offset by some pressure on margins and profitability. The company's ability to grow its top line in a challenging economic environment is noteworthy. However, the decline in EBITDA margin and net profit suggests that the company may be facing cost pressures or increased competition.

The dividend announcement of 3.00 rupees per share indicates management's confidence in the company's financial position and its commitment to shareholder returns. Investors and analysts will likely be watching closely to see how Dollar Industries navigates the balance between growth and profitability in the coming quarters.