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Showing posts with label dollar industries. Show all posts
Showing posts with label dollar industries. Show all posts

Wednesday, 14 October 2020

Dollar Industries Limited launches brand new TVC campaigns for

Dollar Industries Limited launches brand new TVC campaigns for the festive season

Dollar Industries Limited has always been the quintessence of peerless fashion in its segment. In its new avatar it has blazed a trail with a new campaign to promote its existing range of Dollar Bigboss and Dollar Missy. 

 

Post a meticulous brand architecture exercise led by LinConsult, the strategic consulting division of Mullen Lowe Lintas Group, the campaign developed by Lowe Lintas Kolkata reflects the brand’s alacrity to adapt to changing consumer trends and break existing stereotypes when it comes to fashion, both for men and women. The quirky and enigmatic campaign explores many aspects of self, audaciously embracing and proudly showcasing a collective individuality and shattering of the status quo. The campaign is a powerful celebration for those unconstrained by norms and definitions.

 

Vinod Kumar Gupta, Managing Director, Dollar Industries Limited, commented, “We have expanded the Bigboss portfolio to include not just innerwear but also athleisure, gym wear and casuals for men. With our decade long association with Akshay Kumar, our brand has witnessed a 3x times growth. Coming to Dollar Missy, for women, armed with an enviable range of womens wear, we felt it was time for us to break old-standing beliefs as well. Our festive collection consists of 102 colors to choose from. The leggings cater to various occasions and are a perfect fit for the women across various leagues of life.”

 

The Dollar Missy campaign film, featuring Bollywood star Chitrangada Singh contradicts the popular philosophy of women prolonging to dress up, the campaign showcases how Dollar Missy enables today’s Gen Y woman to get ready in a jiffy so that she may seamlessly juggle between her personal, official and social lives. Over the years Dollar Missy has been supporting women through their product, giving the feeling of total confidence and providing fit solutions for all shapes and sizes. 

 

The Dollar Bigboss commercial starring Akshay Kumar reveals the actor’s perfect clone effectively devised, failing in one final and most vital test. Unlike the Dollar Bigboss vest worn by Akshay, his clone’s vest gets easily ripped off portraying only the original brand can stand up to the test of advanced strength and durability. The brand focuses on delivering the very best in comfort by promising a great fit, premium fabrics and uncompromising quality.

 

Speaking on the idea behind the two campaigns, Janmenjoy Mohanty, Regional Creative Officer, Lowe Lintas said, “Fit Hai Boss as a tagline has always worked wonders for Dollar Bigboss and this time around we have used the phrase to develop a plot which is futuristic but at the same time it delivers a key message – Bigboss can’t be cloned. This imagery goes hand-in-hand with the newly created Dollar brand identity which speaks of the modern times, the science and innovation involved. Akshay is a brilliant actor who pulls off the film with flying colours. With regards to Missy, the concept was derived from the product itself. These easy-to-slip-on legwear are meant for a wide variety of occasions and uses and lends itself perfectly to the idea that today’s multi-tasking woman is game for #SpeedDressing.”

 

Both the commercials have been directed by the renowned Ad film maker, Shiven Surendranath. The campaign has been released on both electronic and online platforms. The advertising campaign will be featured and supported by digital, social media, high impact outdoor locations, print and TV. The new campaign marks the next chapter of the iconic Dollar story. The campaign portrays the authenticity and individuality that empowers the consumers focused on expressions of masculinity and femininity.

Wednesday, 1 July 2020

Dollar Industries Limited announces


DOLLAR INDUSTRIES LIMITED
Registered Office: ‘OM Tower’ 15th Floor, 32 Jawaharlal Nehru Road.Kolkata:700071
CIN: L17299WB1993PLC058969

Performance Review
Dollar Industries Limited announces Q4 & yearly FY20 results



Standalone Q4 FY2020
Revenues fall by20.19% to Rs. 237.66 cr
PBT at Rs. 16.84 cr, down by 38.87 %
PATfalls by 40.96 % to Rs. 13.32 cr


Dollar Industries Limited, leading among the top hosiery and garment manufacturing giants in India, covering entire range of knitted garments, from basic wear to outer wear has announced their audited financial results for the quarter and year ended March 31, 2020.


Q4FY20 performance overview compared with Q4FY19


        Revenues from operations at Rs. 237.66cr, Q-o-Qde-growth of 20.19%
        EBITDA of Rs. 24.21crores; Q-o-Q de-growth of 31.01 %
        EBITDA margins at 10.19%
        PAT stood at Rs. 13.32 crores; Q-o-Qdecrease by 40.96%
        EPS for Q4FY20 stood at Rs. 2.35, as compared to Rs. 3.98for Q4FY19

Annual performance overview of FY 19-20 as compared with FY 18-19
        Revenues from operations stood at Rs 969.32crores, a fall of 5.78%
        EBITDA at Rs.109.29 crores from Rs.137.87crores, de-growth  by 20.73%
        EBITDA margin stood at11.28%
        PAT stood at Rs.59.45crores, down by 21%
EPS at Rs. 10.48 as compared to Rs. 13.27

For the quarter ended March 31, 2020

Total Income for the quarter ended March 31, 2020 (Q4FY20) stood at Rs. 240.89crores, compared to Rs. 298.50crores during the last quarter (Q4FY19).

The Company reported Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) of Rs. 24.22 crores in Q4FY20, as against Rs 35.11crores; down by31.01%. The Company’s EBITDA margin stood at 10.19% Q4FY20 as compared to 11.79%in Q4FY19.

The Company reported adecrease of 40.97% in its PAT to Rs. 13.32crores for Q4FY20, as compared to Rs. 22.56crores in the corresponding quarter of last fiscal. The Company’s Q4FY20 PAT margin stood at 5.60%, as against 7.58% in Q4FY19.

For the year ended March 31, 2020:

Revenue from operations for year ended March 31, 2020 stood at Rs. 969.32crores, as compared to Rs. 1028.76 crores last year.

Dollar Industries Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) foryear ended March 31, 2020 stood at Rs. 109.29crores, down by 20.73 %. The company’s EBITDA margin came down from 13.40 % in FY19 to 11.28% in FY20.

The company reported a decrease of 21% in PAT to Rs. 59.45crores for the financial year ended March 31, 2020. PAT margin stood at 6.10 %, as compared to 7.30 % foryear ended March 31, 2019.

Commenting on the performance, Mr. Vinod Kr.Gupta, Managing Director, Dollar Industries Limited said- The pandemic outbreak of Corona virus has been disruptive in Q4 itself. Being the last month of the fiscal most of the supplies are made to the distributor in the last week which could not happen. We are witnessing a change in consumer buying pattern as they prefer to shop online. Also the Work from Home culture has led to increase in demand of Athleisure.  We are experiencing spike in demand and are hopeful that the Industry will soon bounce back.