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Kewal Kiran Clothing reports 11% fall in Q3 net profit

27 Jan 2014 Evaluate

Kewal Kiran Clothing has reported results for third quarter ended December 31, 2013.

The company has reported 11.50% fall in its net profit at Rs 10.62 crore for the quarter as compared to Rs 12 crore for the same quarter in the previous year. However, total income from operations of the company has increased by 12.26% at Rs 86.95 crore for quarter under review as compared to Rs 77.45 crore for the quarter ended December 31, 2012.

Kewal Kiran Clothing is amongst the few large branded apparel manufacturers in India. The company with sales in Asia, Middle East and CIS, designs, manufactures and markets branded jeans, semi-formal and casual wear for men.

Peers
Company Name CMP
Vardhman Textiles 554.05
Welspun Living 224.70
Arvind 550.00
Raymond Lifestyle 687.50
K.P.R. Mill 1108.00
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