Madura back in the black on cost controls, better margins
Aditya Birla Nuvo's fashion retail business Madura Garments, India's largest apparel maker, has turned cash positive after battling losses for 15 months in the wake of slowing consumer spend. The Rs 1,000-crore operations, with brands like Louis Philippe, Van Heusen and Allen Solly, posted cash profit in July and is projecting 10% rise in sales during the fiscal

Posted by Neha Dhall