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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
January 2017

January 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