CHINA

Rainbow Denim’sQ1 loss is Rs 5.56 cr

Rainbow Denim has reported a standalone sales turnover of Rs 32.97 crores and a net loss of Rs 5.56 crore for the quarter ended June 2013. Other income for the quarter was Rs 0.09 crore. For the quarter ended June 2012, standalone sales turnover was Rs 41.17 crores and net loss was Rs 1.43 crore, and other income Rs 0.20 crore.

Rainbow Denim’s ultramodern plant uses rope-dyeing technology and has the capacity to produce 20 million meters of denim per year. Denim is not only produced in different depths of blue, but in various combination shades, making Rainbow part of the select few in India with such manufacturing capabilities. The modern, integrated plant of spinning, dyeing, weaving and finishing is equipped with state-of-the-art quality control systems. 

Rainbow Denim is engaged in the manufacture and sale of denim fabrics in India and internationally. The company offers light weight, medium weight, and heavy weight denims with various weaves and shades. Its product range includes basic denim, slub denim, cross hatch, poly denim, stretch denim, ring slub denim, and fancy denim. The company was incorporated in 1999 and is based in Mumbai. 

The collection includes a variety of denims in weights ranging from 4.5 to 14.5 oz and exciting combinations of texture, shades and finishes. 

www.rainbowdenim.com

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