KITEX GARMENTS has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 1,312 | 1,361 | 1,800 | 32.2% | 37.2% |
Other income | Rs m | 8 | 41 | 17 | -59.6% | 115.1% |
Turnover | Rs m | 1,319 | 1,402 | 1,816 | 29.5% | 37.7% |
Expenses | Rs m | 1,130 | 1,106 | 1,360 | 22.9% | 20.4% |
Gross profit | Rs m | 182 | 255 | 440 | 72.6% | 141.7% |
Depreciation | Rs m | 61 | 69 | 69 | 0.2% | 12.8% |
Interest | Rs m | 11 | 14 | 14 | 4.5% | 34.9% |
Profit before tax | Rs m | 118 | 213 | 373 | 75.0% | 217.0% |
Tax | Rs m | 14 | 89 | 129 | 44.3% | 803.3% |
Profit after tax | Rs m | 103 | 124 | 244 | 97.3% | 136.0% |
Gross profit margin | % | 13.9 | 18.7 | 24.4 | ||
Effective tax rate | % | 12.1 | 42.0 | 34.6 | ||
Net profit margin | % | 7.8 | 8.8 | 13.4 |
To see how KITEX GARMENTS has performed over the last eight quarters, please visit here.
Over the last one year, KITEX GARMENTS share price has moved up from Rs 182.6 to Rs 111.5, registering a Loss of Rs 71.2 or around 39.0%.
Overall, the S&P BSE SENSEX is up 13.9% over the year.
At the current price of Rs 111.5, the price to earnings (P/E) ratio of KITEX GARMENTS stands at 9.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.5 times.
For the quarter ended December 2019, KITEX GARMENTS has posted a net profit of Rs 366 m (up 196.0% YoY). Sales on the other hand came in at Rs 3 bn (up 84.3% YoY). Read on for a complete analysis of KITEX GARMENTS's quarterly results.
For the quarter ended September 2019, KITEX GARMENTS has posted a net profit of Rs 384 m (up 46.6% YoY). Sales on the other hand came in at Rs 2 bn (up 17.0% YoY). Read on for a complete analysis of KITEX GARMENTS's quarterly results.
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