Kitex Garments Limited was incorporated in 1992 and is promoted by Mr. Sabu M Jacob. The company exports cotton and organic cotton garments especially infant wear to US and European markets. Presenting below are its Q1 FY26 earnings results.
Q1 FY26 Earnings Results
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Total Income: ₹197.42 crores, up 3.6% YoY (Q1 FY25: ₹193.15 crores) and up 12.0% QoQ (Q4 FY25: ₹176.29 crores).
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Total Expenses: ₹169.21 crores, up 7.6% YoY and up 15.5% QoQ.
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Profit Before Tax (PBT): ₹28.20 crores, down 22.3% YoY (Q1 FY25: ₹36.31 crores) and down 5.5% QoQ (Q4 FY25: ₹29.83 crores).
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Profit After Tax (PAT): ₹19.30 crores, down 29.6% YoY (Q1 FY25: ₹26.69 crores) and down 2.2% QoQ (Q4 FY25: ₹19.74 crores).
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Earnings Per Share (EPS): ₹1.04, sharply down from ₹4.10 in Q1 FY25 and ₹3.00 in Q4 FY25.
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Operating Profit: ₹4.26 crores, down 11.25% YoY (Q1 FY25: ₹4.80 crores).
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Net Profit Margin: 9.8%, down from 13.8% YoY.
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Tax Expense: ₹8.89 crores, down 7.7% YoY.
Management Commentary & Strategic Updates
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Profitability declined despite revenue growth as cost structure expanded faster than sales, reflecting margin pressure in the children’s apparel export segment.
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The company reported stable business volumes and highlighted ongoing quality and efficiency initiatives to maintain positioning with global brands.
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Kitex launched the ‘Little Star’ brand in India to diversify away from only export-oriented revenues, aiming for higher domestic market share.
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Operational focus remains on improving utilization and controlling expenses to recover margins in the coming quarters.
Q4 FY25 Earnings Results
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Total Income: ₹300 crores.
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Profit Before Tax (PBT): ₹48 crores.
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Profit After Tax (PAT): ₹32 crores.
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EPS: ₹1.66.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.