Kitex Garments reports 97% rise in Q4 net profit

06 Apr 2015

Kitex Garments has reported results for fourth quarter and year ended March 31, 2015

The company has posted a rise of 97.44% in its net profit at Rs 41.62 crore for the quarter ended March 31, 2015 as compared to Rs 21.08 crore for the same quarter in the previous year. Total income of the company has increased by 11% at Rs 158.03 crore for quarter under review as compared to Rs 142.18 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the company has posted a jump of 71.74% in its net profit at Rs 98.51 crore as compared to Rs 57.36 crore for the same period in the previous year. Total income of company has surged by 15.58% at Rs 511.09 crore for year under review as compared to Rs 442.21 crore for the period ended March 31, 2014.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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