KPR Mill reports revenue at Rs1286cr; PAT jumped 35.5% yoy

9 Feb 2022 , 03:20 PM

KPR Mill Ltd. reported consolidated revenue from operations for the nine months ended December 2021 at Rs3,451.51cr as against Rs2,438.11cr for the corresponding 9M period, up by 41.60% yoy.

Earnings before depreciation, interest, and taxes (EBITDA) and before exceptional items for the nine months ended 31st December 2021 stood at Rs958.42cr as compared to Rs588cr for the previous 9M period, up by 63% yoy.

The consolidated revenue from operations for Q3 FY’22 was Rs1,285.88cr, reflecting a growth of 36.90% year-on-year as compared to Rs939.51cr in the previous corresponding quarter.

EBITDA for the quarter ended 31st December 2021 stood at Rs330.59cr recording an increase of 26.10% yoy, as compared to Rs262.16cr in the previous corresponding quarter.

Consolidated profit after tax for Q3 FY’22 was Rs211.77cr as compared to Rs156.26cr in Q3 FY’21, gaining 35.5% yoy. Its Consolidated PAT for 9M ended December 2021 was reported at Rs622.06cr as against Rs329.10cr in 9M period ended December 2020, registering growth of 89% yoy.

Company’s PAT margin stood at 16.5% for Q3 FY’22 against 16.6% for Q3 FY’21. EBIDTA margin for Q3 FY’22 narrowed at 25.70% against 27.90% for previous corresponding quarter.

KPR Mill has a rich exposure in textiles and apparel industry and has been performing better consistently even during the tough times. It is among one of the largest vertically integrated textile players with presence across the entire value chain – from “fibre to fashion.” The company has marquee relationships with more than 1,200 regular domestic clients for yarn and fabric and around 60 Countries for garments.

K P R Mill is currently trading at Rs662.85 up by Rs4.7 or 0.71% from its previous closing of Rs658.15. The scrip opened at Rs658 and has touched an intraday high and low of Rs670.10 and Rs645.10 respectively.