Kitex Garments Ltd posts consolidated PAT of Rs. 36.62 crores in Q1FY23

Kitex Garments Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 264.0063 crores during the period ended June 30, 2022 as compared to Rs. 267.1073 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 36.6215 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 44.1975 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 5.50 for the period ended June 30, 2022 as compared to Rs. 6.65 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 264.0063 crs	₹267.1073 crs	-1.16%
Net Profit	₹36.6215 crs	₹44.1975 crs	-17.14%
EPS	₹5.50	₹6.65	-17.29%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 264.0063 crores during the period ended June 30, 2022 as compared to Rs.159.0428 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.36.6215 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.20.5157 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.5.50 for the period ended June 30, 2022 as compared to Rs.3.08 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 264.0063 crs	₹159.0428 crs	66.00%
Net Profit	₹36.6215 crs	₹20.5157 crs	78.50%
EPS	₹5.50	₹3.08	78.57%

Shares of Kitex Garments Limited was last trading in BSE at Rs. 247.80 as compared to the previous close of Rs. 245.70. The total number of shares traded during the day was 22355 in over 717 trades.

The stock hit an intraday high of Rs. 249.25 and intraday low of 245.00. The net turnover during the day was Rs. 5531268.00.

Source : Equity Bulls

Keywords

KitexGarments Q1FY23 ResultUpdate