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Jindal Cotex Ltd. (India)

Main Activities: Textile Mills | Fiber, Yarn, and Thread Mills | Textile Product Mills
Full name: Jindal Cotex Ltd. Profile Updated: August 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Jindal Cotex Ltd (JCL) is a company located in Ludhiana, also known as the Manchester of India. It is the flagship company of the Jindal group, which was established in 1977 by Mr. JagdishRai Jindal as a trading business for Iron and Steel. The company has a strong focus on high sales turnover and has built a loyal and satisfied clientele. In 1980, JCL expanded into the manufacturing and export of bicycles and bicycle parts to various countries. In 1994, they further expanded their manufacturing capabilities by adding a steel re-rolling mill for the production of round and flat steels. In 1998, JCL entered the textile business under the name "J C L" and started spinning cotton and synthetic fibers with a capacity of 7000 spindles. Today, the Jindal group owns 45000 spindles and manufactures polyester spun yarns for the hosiery industry, super high tenacity sewing threads for tailoring, and is soon venturing into knitted-dyed-processed fabrics. JCL prides itself on its customer-centric approach and strives to provide the finest quality products. They aim to give their customers value for their money.

Legal Address
VPO Jugiana,, G T Road,
Ludhiana; Punjab; Postal Code: 141017

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Website: http://www.jindalcotex.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairman
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Independent Director
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Independent Director
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Managing Director
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Chief Financial Officer
Ownership Details
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49.63%
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21.05%
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13.79%
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10.53%
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4.99%
Subsidiaries
Jindal Infrabiz Ltd.
100%
Jindal International FZE
100%
Jindal Metalex Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
50.94%

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