Kitex Garments Ltd Q1 FY2023-24 consolidated PAT up QoQ at Rs. 7.55 crores

Kitex Garments Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 148.1665 crores during the period ended June 30, 2023 as compared to Rs. 114.8360 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 7.5583 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.3604 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.18 for the period ended June 30, 2023 as compared to Rs. 0.45 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹148.1665 crs	₹114.8360 crs	29.02%
Net Profit	₹7.5583 crs	₹3.3604 crs	124.92%
EPS	₹1.18	₹0.45	162.22%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.148.1665 crores during the period ended June 30, 2023 as compared to Rs.264.0063 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.7.5583 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.36.6215 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.18 for the period ended June 30, 2023 as compared to Rs.5.50 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹148.1665 crs	₹264.0063 crs	-43.88%
Net Profit	₹7.5583 crs	₹36.6215 crs	-79.36%
EPS	₹1.18	₹5.50	-78.55%

Shares of Kitex Garments Limited was last trading in BSE at Rs. 194.00 as compared to the previous close of Rs. 193.25. The total number of shares traded during the day was 9096 in over 323 trades.

The stock hit an intraday high of Rs. 195.20 and intraday low of 191.05. The net turnover during the day was Rs. 1762168.00.

Source : Equity Bulls

Keywords

KitexGarments Q1FY24 ResultUpdate