While, gross sales of Coimbatore based KPR Mills rose 15.92% on sequential basis, when compared with the second quarter of fiscal 2013-14, it zoomed 34.25% from Rs. 351.18 Cr to Rs. 471.47 Cr on a year on year basis.
While, gross sales of Coimbatore based KPR Mills rose 15.92% on sequential basis, when compared with the second quarter of fiscal 2013-14, it zoomed #
The operating profit has increased from Rs. 102.65 Cr to Rs. 110.5 Cr while the operating profit margin has dipped 413 basis points to 23.09% as compared to 27.22%. This is mainly on account of 43% rise in both - raw material and salary expense.
While, gross sales of Coimbatore based KPR Mills rose 15.92% on sequential basis, when compared with the second quarter of fiscal 2013-14, it zoomed #
The raw material cost as percentage of operating income has increased from 65.23% as against 69.25%. The company has also increased the remuneration of its top management personnel resulting in a rise in salary expense from Rs. 19.18 Cr (Q2 FY 13) to Rs. 27.50 Cr (Q2 FY 14).
While, gross sales of Coimbatore based KPR Mills rose 15.92% on sequential basis, when compared with the second quarter of fiscal 2013-14, it zoomed #
Consequently, the net profit margin has also reduced from 9.91% as compared to 8.66%. Interest cost has registered a marginal decline, which has resulted in improvement in profit after tax of Rs. 41.44 Cr vis-à-vis Rs. 37.36 Cr.
While, gross sales of Coimbatore based KPR Mills rose 15.92% on sequential basis, when compared with the second quarter of fiscal 2013-14, it zoomed #
Established in 1984, Coimbatore based KPR Mill Ltd is a leading integrated textile mill in southern India, producing various types of yarns, fabrics and knitted garments, which is produced in seven manufacturing facilities.
While, gross sales of Coimbatore based KPR Mills rose 15.92% on sequential basis, when compared with the second quarter of fiscal 2013-14, it zoomed #
Fibre2fashion News Desk - India