Kitex Garments consolidated net profit rises 434.46% in the March 2022 quarter

Sales rise 126.97% to Rs 253.55 crore

Net profit of Kitex Garments rose 434.46% to Rs 44.20 crore in the quarter ended March 2022 as against Rs 8.27 crore during the previous quarter ended March 2021. Sales rose 126.97% to Rs 253.55 crore in the quarter ended March 2022 as against Rs 111.71 crore during the previous quarter ended March 2021.

For the full year,net profit rose 130.55% to Rs 125.12 crore in the year ended March 2022 as against Rs 54.27 crore during the previous year ended March 2021. Sales rose 73.11% to Rs 788.33 crore in the year ended March 2022 as against Rs 455.39 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales253.55111.71 127 788.33455.39 73 OPM %21.7616.35 -21.6622.02 - PBDT65.7519.64 235 194.02102.03 90 PBT60.3214.37 320 172.5878.92 119 NP44.208.27 434 125.1254.27 131

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