Kitex Garments standalone net profit declines 53.98% in the December 2020 quarter

Sales decline 51.81% to Rs 120.90 crore

Net profit of Kitex Garments declined 53.98% to Rs 16.83 crore in the quarter ended December 2020 as against Rs 36.57 crore during the previous quarter ended December 2019. Sales declined 51.81% to Rs 120.90 crore in the quarter ended December 2020 as against Rs 250.86 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales120.90250.86 -52 OPM %23.2320.95 -PBDT29.9958.52 -49 PBT24.5251.96 -53 NP16.8336.57 -54

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