Home / Knowledge / News / Apparel/Garments / Kitex Garments' net profit rises 13.78% in 1 year
Kitex Garments' net profit rises 13.78% in 1 year
05
Apr '16
Kitex Garments, an India based company manufacturing kidswear, reported a rise of 13.78 per cent to Rs 112.09 crore in its net profit in the fiscal 2015-16, ending on 31 March, 2016 as compared to Rs 98.51 crore in the fiscal 2014-15, according to a company filing with the BSE.

Earnings per share (EPS) reported for FY 2015-16 was Rs 23.60 as compared to Rs 20.74 in the previous fiscal.

Net sales stood at Rs 545.81 crore during this period as compared to Rs 511.09 crore previously, a rise of 6.79 per cent.

Segment wise, the garments division reported sales worth Rs 476.07 crore in the year ended 31 March, 2016. The fabrics division reported sales worth Rs 203.92 crore in this period.

Comparatively, the garments division reported sales worth Rs 446.01 crore in the previous fiscal, while the fabrics division reported sales worth Rs 210.07 crore.

Additionally, the board of directors also recommended for a dividend of Rs 0.75 per share of face value Rs 1. (MCJ)

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Mar 2017

UK's National Living Wage to be £7.50 from April 2017

The National Living Wage in the UK for workers aged 25 and above is...

Textiles | On 23rd Mar 2017

Trutzschler launches Toyota-Truetzschler comber machine

Trutzschler, one of the world's leading textile machinery...

Jeff Bezos (L) and Amancio Ortega. Courtesy: Forbes

Apparel/Garments | On 23rd Mar 2017

Amazon founder Jeff Bezos is world's 3rd richest man

The biggest gainer and the third richest man on the Forbes' 31st...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search