Apparels & Accessories company Kitex Garments announced Q2FY25 results Net profit Rs 39.94 crore in Q2FY25, nearly tripling from Rs 13.21 crore in the Q2FY24. PAT margin of 18.08% in Q2FY25, up from 9.47% in Q2FY24. Profit before tax rose 188%, from Rs 18.56 crore to Rs 53.52 crore. Total revenue stood at Rs 220.91 crore, a 58% increase from Rs 139.48 crore in the Q2FY24. EBITDA margin improved to 27.68% in Q2FY25, compared to 18.25% in Q2FY24. Sabu Jacob, MD, Kitex Garments, said: “Our recent investment in expanded capacities in Telangana strengthens our ability to scale further, positioning us to capture emerging opportunities and deliver robust value to our stakeholders.” Result PDF
Textiles Apparels & Accessories company Kitex Garments announced Q1FY25 results: Total Revenue: Rs 195.02 crore for the quarter ended June 30, 2024, up by 32% compared to Rs 147.84 crore in the same period last year. This growth was primarily driven by strong demand from existing customers. Profit Before Tax (PBT): Rs 39.57 crore, reflecting a substantial increase of 280% compared to Rs 10.42 crore in the same quarter of the previous year. EBITDA Margin: 23.77% in Q1 FY24-25, up from 11.19% in Q1 of the previous year. Net Profit: Rs 29.95 crore for the current quarter, up significantly from Rs 7.99 crore in the same period last year. PAT Margin: 15.36% in Q1 FY24-25, compared to 5.41% in Q1 of the previous year. Result PDF