Kitex Garments net profit rises 171.65% in the March 2014 quarter

Sales rise 41.85% to Rs 121.24 crore

Net profit of Kitex Garments rose 171.65% to Rs 21.08 crore in the quarter ended March 2014 as against Rs 7.76 crore during the previous quarter ended March 2013. Sales rose 41.85% to Rs 121.24 crore in the quarter ended March 2014 as against Rs 85.47 crore during the previous quarter ended March 2013.

For the full year,net profit rose 95.27% to Rs 57.37 crore in the year ended March 2014 as against Rs 29.38 crore during the previous year ended March 2013. Sales rose 35.71% to Rs 402.80 crore in the year ended March 2014 as against Rs 296.81 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales121.2485.47 42 402.80296.81 36 OPM %34.3619.05 -23.6220.25 - PBDT34.7813.87 151 97.8752.66 86 PBT31.9711.66 174 88.1944.04 100 NP21.087.76 172 57.3729.38 95

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