Kitex Garments reports around three-fold jump in Q4 net profit

Kitex Garments has reported around three-fold jump in net profit at Rs 21.08 crore for the fourth quarter ended March 31, 2014, on back of higher operational income as compared to net profit of Rs 7.76 crore in the same quarter year ago.

Moreover, total operational income of the company grew by 56.07% at Rs 142.18 crore against Rs 91.10 crore during the corresponding quarter of previous fiscal.

Kitex Garments is the third largest manufacturer of clothes for infants and caters to the biggest international buyers such as Gerber, Jockey, Carters, Kohls and The Childrens Place.