Kewal Kiran Clothing Limited Reports Audited Earnings Result for the Third Quarter and Nine Months Ended December 31, 2013
January 24, 2014 at 05:04 pm
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Kewal Kiran Clothing Limited reported audited earnings result for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales of INR 862.8 million against INR 767.7 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 158.7 million against INR 153.6 million a year ago. Profit from ordinary activities before tax was INR 159.3 million against INR 176.2 million a year ago. Net profit was INR 106.2 million against INR 120.0 million a year ago. Diluted and basic per share was INR 8.62 against INR 9.74 per share a year ago. Total income from operations was INR 869.5 million against INR 774.5 million a year ago.
For the year, the company reported net sales of INR 2,758.0 million against INR 2,241.5 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 666.0 million against INR 473.6 million a year ago. Profit from ordinary activities before tax was INR 691.7 million against INR 541.6 million a year ago. Net profit was INR 463.3 million against INR 369.2 million a year ago. Diluted and basic per share was INR 37.59 against INR 29.95 per share a year ago. Total income from operations was INR 2,780.0 million against INR 2,259.4 million a year ago.
Kewal Kiran Clothing Limited is an India-based apparel manufacturer, which is engaged in the designing, manufacturing, and marketing of branded jeans and a wide range of western wear. The Company deals in various categories, including apparel, footwear, and accessories with a portfolio of its own brands. The Companyâs brands operate in various markets, which includes the luxury market, middle-market and mass-market. The Company is focused on casual wear, fashionwear, partywear, loungewear and athleisure brands. The Companyâs product portfolio consists of a mix of bottom wear and to-wear products spread across jeans, trousers, shirts, t-shirts, jackets, pullovers and others. The Companyâs brands include Killer, Integriti, LawmanPg3, Easies, Izel, Iti and Kraus jeans. The Company owns over 6500 retail outlets and operates in approximately 29 states and five union territories in India. In addition, it also serves international customers in select countries across the world.
KEWAL KIRAN CLOTHING LIMITED 
