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Enterprise International Limited
Sector:Others Others - Trading
BSE:526574NSE:NABloomberg:ETI@INReuters:ENTR.BO
Market Lot: 100Face Value: 10ISIN Demat: INE439G01019
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03-Jun-2013
Business Profile
Enterprise International (ENTRINT) is engaged in trading of silk. It was incorporated in 1989.

The company trades in silk textiles including raw silk yarn, tussah silk and synthetic organic dyes. The company caters mainly to the needs of the Indian market.

The registered office of the company is located at Amar Sudha Building, 3rd Floor,
5A/1A, Lord Sinha Road, Kolkata-700071, West Bengal.

Financials
The company announced fall of 561.57% in standalone net profit on y-o-y basis to Rs 1.77 million, while total income dropped 40.97% y-o-y basis to Rs 62.53 million for the quarter ended March 2013.

Recent Developments
01-FEB-12
Regency Ceramics has declared lock out of its factory situated at Yanam, U.T. of Puducherry from Feb. 01, 2012. This was due to unprecedented violence that occurred at the factory premises causing extensive damage to the plant and machinery and the death of K. C. Chandrasekhar, President (Operations) on Jan. 27, 2012.



Future Plans
The company is taking steps for indigenisation of components and spares and for development of alternative raw materials.

Meanwhile, the new unit at Pondicherry will enable the company to enjoy 100% Income Tax exemption for the first five years, and 30% exemption for the next five years. Sales generated from the Karaikal region will also be exempted from tax for 10 years. The company will benefit from the allotment of 30,000 cubic meters of natural gas per day by the Ministry of Petroleum and Natural Gas.


In Brief

 
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