Kitex Garments Reports Strong Q2 FY27 Performance and Profitability Turnaround
1 report, 1 independent
Updated Tue 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Kitex Garments reported a strong financial performance for Q2 FY27, with revenue from operations increasing 66% year-on-year to ₹203 crore. The company achieved a consolidated net profit of ₹13.71 crore, reversing a net loss reported in Q2 FY26. EBITDA surged to ₹45 crore, and the operating profit margin expanded sharply to 22.2% during the quarter.
From livemint.com
Why it matters
The results reflect a strong recovery in Kitex Garments' financial health, supported by robust revenue growth and a sharp improvement in operating profitability. Kitex Garments shares opened at ₹126 apiece on the NSE following the announcement.
From livemint.com
Who's involved
- Gaurav GargProvided commentary on Kitex Garments' financial performance
Keep exploring
The entities involved
-
Gaurav Garg
researcher (ORCID 0000-0002-6523-4647)