Kewal Kiran Clothing Ltd Share Price – NSE /  BSE

Readymade Garments/ Apparells, Small Cap

Profit before tax (PBT) rose 30.39% YoY to Rs 86.20 crore during the quarter.

EBITDA was at Rs 63.9 crore during the quarter, up 3.6% YoY. EBITDA margin fell to 20.7% in Q2 FY25 from 23.5% in Q2 FY24.

Kewalchand P. Jain, chairman & managing director, said, “With encouraging results of recently introduced Junior Killer and successful consolidation of Kraus Casuals, we are more confident of evolving into a brand powerhouse with portfolio across age and gender. This satisfactory performance on account of our inherent brand strength especially for “Brand Killer” and addition of Kraus – our womenswear focused venture, despite a challenging consumer demand environment due to unseasonal heavy rains in August and September, demonstrates our ability to adapt, innovate, and thrive in a dynamic market.

Looking ahead, we believe the market should be supported by encouraging festival season consumption in light of which we continue to widen our national footprint and focus to expand our presence with Brand led EBOs. Despite difficult external environment, we believe our inherent strengths and continued focus on innovation, customer-centricity and strategic partnerships will propel our growth trajectory and solidify our market leadership. Despite the inherent short terms challenges, the long term growth opportunity in the Indian fashion apparel industry remains positive and we will continue to stay focused on pursuing profitable growth with our strong foundation and focused growth strategy.”

Kewal Kiran Clothing (KKCL), a menswear focused apparel player with more than four decades of success led journey. It has been able to penetrate through its targeted consumer base with its 4 iconic menswear brands of Killer, Intergiti, Lawman & Easies. With 534 exclusive brand outlets and more than 80 distributors covering over 3,000 MBOs spread across India.

Powered by Capital Market - Live News

Net profit of Kewal Kiran Clothing rose 31.96% to Rs 65.53 crore in the quarter ended September 2024 as against Rs 49.66 crore during the previous quarter ended September 2023. Sales rose 17.43% to Rs 308.23 crore in the quarter ended September 2024 as against Rs 262.48 crore during the previous quarter ended September 2023.

Powered by Capital Market - Live News

Kewal Kiran Clothing will hold a meeting of the Board of Directors of the Company on 25 October 2024.

Powered by Capital Market - Live News

Kewal Kiran Clothing announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.

Powered by Capital Market - Live News