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
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