Business Standard

KPR Mill rises after Q4 PAT gallops 130% to Rs 186 cr

Image

Capital Market

KPR Mill gained 2.87% to Rs 1,343.45 after the company's consolidated net profit soared 130.08% to Rs 186.16 crore on 28.07% surge in revenue from operations to Rs 1,129.72 crore in Q4 FY21 over Q4 FY20.

Consolidated profit before tax (PBT) surged 144.65% to Rs 238.17 crore in Q4 FY21 as against Rs 97.35 crore in Q4 FY20.

Consolidated EBITDA grew 91.79% Y-o-Y (year-on-year) to Rs 279.27 crore in Q4 FY21 over Q4 FY20. The garments production jumped 14.74% Y-o-Y to 26.46 million garments in Q4 FY21 compared with 23.06 million garments in Q4 FY20.

The company said that new expansion project of 42 million garments factory and sugar-cum ethanol plant are progressing as per schedule.

 

KPR Mill is one of the largest vertically integrated with diversified business focus spanning across yarn, fabrics, garments and white crystal sugar. It makes a range of textile varieties such as readymade knitted apparel; fabrics; compact, melange, carded, polyster and combed yarn.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 28 2021 | 3:22 PM IST

Explore News