Kitex Garments consolidated net profit declines 55.59% in the December 2020 quarter

Sales decline 51.81% to Rs 120.90 crore

Net profit of Kitex Garments declined 55.59% to Rs 15.54 crore in the quarter ended December 2020 as against Rs 34.99 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 %23.2120.96 -PBDT28.5756.94 -50 PBT23.0950.38 -54 NP15.5434.99 -56

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