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Monday, January 30, 2006

Crew B.O.S. - Always In Fashion

Crew B.O.S. Products - Best Stock In Fashion Accessories

Crew B.O.S. Products Limited came out with spectacular set of numbers for QE Dec. 06. It registered an increase of 74 % in net profit at Rs. 4.10 crore for the quarter ended December 2005 as compared with Rs. 2.35 crore in the previous corresponding quarter. Its total income increased by 58.75 % to Rs. 34.26 crore for the quarter from Rs. 21.58 crore during the previous corresponding quarter. EPS was Rs. 3.20 as compared with Rs. 2.14 earlier.

The Total Income for the nine months stood at Rs 95.08 crore which was 79 per cent up from previous year's total income of Rs 53.23 crore. The cummulative net profit up to third quarter was Rs 11.39 crore as compared to Rs 5.24 crore in the same period last year which shows a jump of 117 %. Nine month EPS is Rs. 9.45.

This performance is inspite of an increase in Depriciation to Rs. 2.02 crore which shows an increase of 130 % (previous year Rs. 0.87 crore). It shows that the company has done some aggressive capital expenditure. The Board has also approved a proposal of tie up with a Fashion Accessories manufacturer in Hong Kong and China, to further strengthen its outsourcing business model.

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