Kitex Garments standalone net profit declines 52.43% in the September 2016 quarter

Sales decline 20.51% to Rs 95.55 crore

Net profit of Kitex Garments declined 52.43% to Rs 12.92 crore in the quarter ended September 2016 as against Rs 27.16 crore during the previous quarter ended September 2015. Sales declined 20.51% to Rs 95.55 crore in the quarter ended September 2016 as against Rs 120.20 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales95.55120.20 -21 OPM %33.5137.55 -PBDT26.7547.55 -44 PBT21.6642.06 -49 NP12.9227.16 -52

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