Kitex Garments Limited has informed the Exchange about Copy of Newspaper Publication
KITEX · price
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Kitex Garments Limited has submitted copies of newspaper publications of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, as mandated under SEBI LODR Regulations. The results were approved by the Board on August 4, 2025 and published in The Hindu Business Line (English) and Chandrika (Malayalam) on August 5, 2025. On a standalone basis, total income from operations rose modestly to ₹20,131.18 lakhs (vs ₹19,502.26 lakhs in Q1 FY25), but net profit dropped sharply to ₹450.40 lakhs (vs ₹825.27 lakhs). Consolidated net profit also declined to ₹230.00 lakhs (vs ₹277.99 lakhs). Standalone EPS fell to ₹1.31 from ₹4.50 YoY, reflecting significant margin compression.
Weak Q1 earnings, with profits roughly halving despite flat-to-modest revenue growth, are likely to put pressure on the stock in the near term. Shareholders should review the detailed results and management commentary for reasons behind the margin decline.