KKCL registers 25% decline in Q1, FY25 net profit to Rs 25 crore
16 August 2024, Mumbai
The Q1, FY25 net profit of KewalKiran Clothing (KKCL) declined by 25 per cent to Rs 25 crore ($3 million) as against Rs 34 crore in the year-ago quarter.
The company’s revenue for the quarter declined by 15 per cent to Rs 151 crore as against Rs 178 crore in the corresponding quarter of the previous fiscal year.
Kewalchand Jain, Chairman and Managing Director, KKCL says, the addition of women’s casual wear brand Kraus and Junior Killer provides the company an edge to transform into a brand powerhouse with portfolio across age and gender.
The company was able to withstand the external challenging environment in Q1FY25 by putting its growth levers in place for the period ahead. It continues to expand its national footprint through EBOs, enhancing the visibility of its brands, Jain adds.
KewalKiran Clothing is one of India’s largest branded apparel players with a portfolio of brands like Killer, Intergiti, Lawman Easies, Junior Killer, and Kraus.
