Q3FY17 Results : Kitex Garments

Bhagyashree Vivarekar / 30 Jan 2017

Q3FY17 Results : Kitex Garments

The total sales for Q3FY17 came in at Rs 142.3 crore, which represents a 33.12 per cent sequential increase and 20.49 per cent YoY increase.

Kitex Garments Ltd. reported its results for the quarter ended December 31, 2016  market hours today.

The total sales for Q3FY17 came in at Rs 142.3 crore, which represents a 33.12 per cent sequential increase and 20.49 per cent YoY increase.

The operating profit (EBIT) for the quarter amounted to Rs 43.39 crore and the EBIT margin stood at 30.49 per cent.

The company reported PAT of Rs. 31.74 crore, which represents a sequential QoQ increase of 145.67 per cent and a YoY increase of 32.25 per cent.

Kitex Garments Ltd is an Indian company engaged in the manufacture and export of garments. The company manufactures different type of garments like jacket, shirt, pants, inner wear and etc. The company operates in two business segments, garments and fabrics.

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