Q3FY17 results : Kewal Kiran Clothing Ltd.
Bhagyashree Vivarekar / 27 Jan 2017
The company's total sales for Q3FY17 came in at Rs 98.5 crore, which represents a 36.58 per cent sequential decline and 2.4 per cent YoY increase
Kewal Kiran Clothing Ltd. reported its results for the quarter ended December 31, 2016, post market hours today.
The company's total sales for Q3FY17 came in at Rs 98.5 crore, which represents a 36.58 per cent sequential decline and 2.4 per cent YoY increase.
The operating profit (EBIT) for the quarter amounted to Rs 10.15 crore and the EBIT margin stood at 10.3 per cent.
The company reported PAT of Rs 9.27 crore, which represents a sequential QoQ decline of 68.59 per cent and a YoY decline of 13.12 per cent.
The company's stock, which opened at Rs 1757 on the BSE, has risen marginally to close at Rs 1775.80.
Kewal Kiran Clothing Ltd is a branded apparel manufacturer engaged in designing, manufacturing and marketing of branded jeans, semi-formal and casual wear for men and women. The company also generates power from wind turbine generator within the threshold limit
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