The coverage of TT Ltd.in Divya Bhaskar

TT Textiles A Cotton Company In India – Business India

T T Limited Posts Highest Ever Profits in History

 

In its Board meeting held on May 25th, 2011 in New Delhi, T T Ltd announced its highest ever annual profits for year end March 31, 2011. The net sales increased by 38% to Rs. 486.60 crores. The Company profit before adjustment for deferred taxes increased from Rs 6.03 crores to Rs. 23.95 crores i.e. 297% creating history for the Company. The Company also announced a final dividend of 10% for the year 2010-11. The profit after adjustment for deferred tax is Rs. 15.23 crores. Cash profit has moved up from Rs 15.58 crores to Rs. 35.25 crores.

Mr Sanjay K Jain, the Managing Director of the Company attributed this success to the increased global demand of textiles after the 2008-9 debacle and the focus of the Company on value added products which carry higher margins. In the year ended exports increased by about 40% and domestic branded knitwear sales increased by about 50%. The Company would have performed much better had Government negative policies not come into play. Last year the Government suspended yarn exports from Dec 1 to March 15, and imposed excise duty on garments in domestic market - these two moves severely impacted sales in the last quarter and the Company missed its target of Rs 500 crores plus.

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T T Textiles- A name of Trust

A progressive organization with sound investments in good quality systems and innovative marketing

Only T.T. gives you complete confidence to carry your garments to demanding international markets. Reason? Unprocessed greige fabrics from T.T. are knitted from the finest quality yarnw hich is supercombed,autoconed and electronically cleared at one of the finest plants in the country. T.T. makes this yarn itself to ensure that the fabric wear a flawless appearance over continuous lengths. The fabric is knitted from the latest Mayer & Cie machines at our completely conditioned unit. In fact, every roll of greige fabric is tested against strict international parameters. For instance, the fabric must stretch to the limit and yet regain its original shape. It must absorb dyes easily and uniformly and shrinkage has to be minimal. The best part of it, T.T. brings these quality checks to all its fabrics. Be it Single Jersy,Interlock,Peekay or German Rib and others of course,all this wouldn't amount to much without T.T's assurance of timely delivery. Which goes a long way in enforcing your reliability in the world market. No wonder then, that garment exporters from all over the country insist on T.T. After all these 2 simple initials spell strong assurances TIME-TESTED.

"Choice of garment manufacturers world wide"

T.T. Knitted fabric are knitted from the finest quality yarn especially chosen for its shine and lustre. Knitted on world's best knitting machines i.e Mayer and CIE from Germany. The Knitting complex is located adjacent to the 2 spinning mills in Gajroula, UP.

Quality control measures are taken at each step to ensure smoothness of yarn, evenness, minimal shrinkage and flawless appearance over continuous lengths. A wide choice of colours and designs and fabric viz Single jersey, Interlock, Rib, Fleece, Jacquard etc.

TT Fabrics are the first choice for garment manufacturers and TT the most trusted name among the top manufacturing houses in Europe, America and Japan.

Cotton Textiles in India

TTtextiles is an Indian based company Founded 58 years ago by Dr. Rikhab Chand Jain. This company covers all the spectrum of textile sector: Cotton, Yarn, Fabric, Garments & Accessories. This is ISO 9001 Certified and Govt. Registered Trading House. Company works on large scale has 25 franchies production units at 8 different locations. Main offices In in New Delhi, Kolkata, Tirupur and gondal. Awarded Excellence Award in 2010 by Indian Economic Service. Manufacturing facilities at Gajroula (UP), Avinashi (Tamil Nadu), Tirupur (Tamil Nadu), Kolkata (West Bengal), Gondal (Gujarat) and Rajula(Gujrat).

Contact Us

Address : 879 Master Prithvi Nath Marg Opp Ajmal Khan Park Karol Bagh City : New Delhi 110005
Contact No : Tel - (0091) 11-45060708
Fax : (0091)11-45060741, 23632283
Email: export@tttextiles.com

Website : http://www.tttextiles.com/