Kitex Garments announced Q4FY22 results: All time high Total Revenue Year at Rs 818 crore, higher by 75% compared to FY21. EBITDA of Rs 200 crore for the year, higher by 81% compared to FY21. Profit before Tax for the year at Rs 175.78 crore, higher by 106% compared to FY21. Profit after Tax for the year at Rs 128.28 crore, higher by 114% compared to FY21. Expansion in the state of Telangana is in progress as per scheduled timeline. Mr. Sabu M. Jacob, Chairman and Managing Director of Kitex Garments Ltd said that “Strong growth access to infants garments segment despite the inflationary trends in materials costs, the company achieved record turnover and through effective cost control measures been able to achieve higher profits.” Result PDF
Textile, Apparels, and Accessories company Kitex Garments announced Q3FY22 results: Total Revenue for the quarter at Rs 208.20 crore - higher by 71.68% compared to Q3 FY21. EBITDA for the quarter at 26.20% - higher by 80.32% compared to Q3 FY21. Profit before Tax for the quarter at 23.43% higher by 99.0% compared to Q3 FY21. Profit after Tax for the quarter at Rs 34.71 crore - higher by 120% compared to Q3 FY21 Zero Debt Company. Expansion in the state of Telangana is in progress as per the scheduled timeline Mr. Sabu M. Jacob, Chairman and Managing Director of Kitex Garments Ltd said, “Despite the Increase in raw materials costs by around 30%, the company has been able to achieve a higher turnover and through effective cost control measures been able to achieve higher profits.”. Result PDF