S Kumars Nationwide Ltd (SKNL), has posted a consolidated net profit of Rs 395-crore, up 19.3 per cent, in FY12.
The company's net revenues for FY12 jumped 21.9 per cent to Rs 6,364-crore in the financial year ending March 31, 2012. Revenues improved due to vertical and lateral integration of businesses, seamless supply chain and expansive distribution network, the company said. The ‘Ready to Wear' vertical recorded the highest growth across businesses.
SKNL owns companies like Reid and Taylor (India) Limited (RTIL), Leggiuno, SKNL UK and HMX LLC.