27 October 2022, Mumbai:
Kewal Kiran Clothing’s net profit rose by 45 percent for the second quarter. Revenue for the quarter rose by 29 percent.
During the quarter, Kewal Kiran added 38 new exclusive brand outlets across the country to take its tally to 419 and plans to further strengthen it by opening new stores over the next two quarters.
The company also plans to diversify its product portfolio with a focus on a new range of products like top wear, jackets, and winterwear, among others. With a strong balance sheet and a strong foundation, Kewal Kiran is well-prepared to make the best of the available opportunities by catering to both the visible and latent needs of consumers.
With a clear proposition of value combined with the motto of creating a stylish nation, the company is ready to take on growth opportunities and deliver healthy returns in the coming quarters.
Kewal Kiran owns brands Killer, Integriti, LawmanPg3, Easies, and Desi Belle. It began operations in 1992. Killer is the flagship denim brand and caters to the 16 to 24-year-old demographic. The format stores called K-Lounge have all these brands under one roof. Kewal Kiran recently ventured into women’s wear by acquiring Desi Belle, an Indian fusion wear brand.
