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Omkar Overseas Limited
Sector:Others Others - Trading
BSE:531496NSE:NABloomberg:OMKO@INReuters:OMKA.BO
Market Lot: 1Face Value: 10ISIN Demat: INE680D01015
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25-Nov-2013
Business Profile
Omkar Overseas (OMKAR), incorporated on Nov. 25, 1994, is engaged in the business of exporting textiles. It is part of the Omkar group, which includes the associate group companies Gopi Synthetics, Omkar Textile Mills, Alok Synthetics, Omkar Industries, and Omkar Finance Corporation.

Grey cloth is purchased by the company and processed by associate group companies. It has been exporting bed sheets and processed fabrics to Sweden, France, Switzerland, the UK, Germany, and Norway among other countries.

The registered office is at 212, New Cloth Market, O/s Raipur Gate, Ahmedabad-380002, Gujarat.


Financials
The company announced rise of 3.57% in standalone net profit on y-o-y basis to Rs 0.29 million, while total income increased 132.29% y-o-y basis to Rs 51.22 million for the quarter ended September 2013.

Future Plans
The company is planning to develop export markets in many countries including gulf countries over a period of time.

In Brief

 
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