1. Adidas India FY17 net profit up 130 pct

Adidas India FY17 net profit up 130 pct

German sportswear maker Adidas has reported a 130% rise in net profit at Rs 95 crore in its India business for the financial year 2016-17.

By: | New Delhi | Published: September 11, 2017 5:41 AM
Adidas, Adidas news, Adidas profit, Adidas revenue, Adidas india, Adidas india profit, Adidas india net profit Net profit stood at Rs 41 crore in the year-ago period, the company said in a statement. (Reuters)

German sportswear maker Adidas has reported a 130% rise in net profit at Rs 95 crore in its India business for the financial year 2016-17. Net profit stood at Rs 41 crore in the year-ago period, the company said in a statement. The company registered Rs 1,100-crore revenue in 2016-17. “The company has grown on the back of consistent good performance across its popular categories such as running, training and football.” it said.

Get latest news and updates on Auto Expo 2018, check breaking news on Budget 2018, like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top