27 August 2024, Mumbai
Kitex Garments registered a 30.63 per cent Y-o-Y growth in its net sales to Rs. 190.44 crore during Q2, FY25 as against Rs 145.78 crore reported in the corresponding quarter of the previous year.
The net profit of the company rose by an impressive rate of 247.6 per cent to Rs. 27.32 crore during the quarter ending June 2024, compared to Rs. 7.86 crore in quarter ending June 2023.
The company's EBITDA also expanded by 163.23 per cent to Rs. 43.09 crore in Q2, FY25 from Rs. 16.37 crore in Q2, FY24.
Additionally, Kitex Garments' earnings per share (EPS) increased to Rs. 4.11 during the quarter from Rs. 1.18 in the corresponding quarter of the previous year.
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