Kitex Garments standalone net profit declines 53.98% in the December 2020 quarter

Sales decline 51.81% to Rs 120.90 crore

Feb 10, 2021 03:02 IST capital market

Net profit of Kitex Garments declined 53.98% to Rs 16.83 crore in the quarter ended December 2020 as against Rs 36.57 crore during the previous quarter ended December 2019. Sales declined 51.81% to Rs 120.90 crore in the quarter ended December 2020 as against Rs 250.86 crore during the previous quarter ended December 2019.

ParticularsQuarter Ended
?Dec. 2020Dec. 2019% Var.
Sales120.90250.86 -52
OPM %23.2320.95 -
PBDT29.9958.52 -49
PBT24.5251.96 -53
NP16.8336.57 -54

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