Mumbai-based Harish Textile Engineers has registered 9 per cent year-on-year growth in its turnover at Rs 25.22 crore for the Q3 of 2020-21. One of the leading textile machine manufacturers and exporters in the country, the company has reported an all time high quarterly profit after tax (PAT) of Rs 2.26 crore. On a small equity capital base of Rs 3.336 crore, the earnings per share works out to Rs 6.77 per share of Rs 10 each.

The company, which had reported a loss of Rs 1.56 crore in the Q1 of FY20-21 due to lock-downs in wake of the Covid pandemic, has shown a remarkable comeback in the Q2 also by registering a PAT of Rs 92.16 lakhs with its top line almost getting back to pre-Covid levels.

Harish Textile Engineers, listed on Bombay Stock Exchange, operates in four business verticals namely manufacturing of textile processing and finishing machinery, non-woven fabrics, polyester staple fibre from recycled waste material and trading of non ferrous metal.