Kitex Garments Share Price

Apparels & Accessories company Kitex Garments announced Q4FY26 & FY26 results Standalone Financial Highlights: The company recorded a Total Income of Rs 12,554.12 lakh for Q4FY26, reflecting a decrease of 27.60% from Rs 17,341.40 lakh in Q3FY26 (QoQ) and a decrease of 60.22% from Rs 31,560.22 lakh in Q4FY25 (YoY). Revenue from Operations for Q4FY26 stood at Rs 11,055.20 lakh, down 32.73% compared to Rs 16,434.75 lakh in Q3FY26 and down 63.17% compared to Rs 30,016.95 lakh in Q4FY25. Net Profit for Q4FY26 was Rs 962.20 lakh, showing a decline of 7.07% from Rs 1,035.42 lakh in Q3FY26. On a YoY basis, Net Profit decreased by 75.71% from Rs 3,961.25 lakh in Q4FY25. For the full financial year FY26, Standalone Total Income reached Rs 63,660.93 lakh compared to Rs 1,01,941.42 lakh in FY25, representing a decline of 37.55%. Standalone Net Profit for FY26 stood at Rs 5,689.98 lakh, a decrease of 62.80% from Rs 15,295.33 lakh reported in FY25. Total Comprehensive Income for FY26 was Rs 5,781.98 lakh compared to Rs 15,259.90 lakh in FY25. The Board of Directors has recommended a final dividend of Rs 0.50 per equity share of face value Rs 1 each (at the rate of 50%) for the financial year ended March 31, 2026. Earnings Per Share (EPS) for Q4FY26 was Rs 0.48 (Basic and Diluted) compared to Rs 0.52 in Q3FY26 and Rs 1.99 in Q4FY25. For the full year FY26, EPS stood at Rs 2.85 compared to Rs 7.67 in FY25. Consolidated Financial Highlights: Consolidated Total Income for Q4FY26 was Rs 20,036.88 lakh, an increase of 7.15% from Rs 18,700.28 lakh in Q3FY26 (QoQ). However, it saw a YoY decline of 34.27% from Rs 30,485.37 lakh in Q4FY25. Revenue from Operations for Q4FY26 reached Rs 16,616.56 lakh, down 8.70% from Rs 18,198.97 lakh in Q3FY26 and down 44.64% from Rs 30,016.95 lakh in Q4FY25. The company reported a Consolidated Net Loss of Rs 928.87 lakh for Q4FY26, compared to a Net Loss of Rs 1,700.20 lakh in Q3FY26 and a Net Profit of Rs 3,181.62 lakh in Q4FY25. For the full year FY26, Consolidated Total Income was Rs 71,928.15 lakh, down 28.17% from Rs 1,00,134.57 lakh in FY25. Consolidated Net Result for FY26 was a loss of Rs 1,320.59 lakh, compared to a Net Profit of Rs 13,574.60 lakh in FY25. Total Comprehensive Result for FY26 was a loss of Rs 1,228.59 lakh, as against a profit of Rs 13,539.17 lakh in FY25. Consolidated EPS for FY26 was Rs 0.30 (Basic and Diluted) compared to Rs 6.95 in FY25. Business Highlights: Segment Performance: In accordance with Ind AS 108 on "Operating Segments", the Company and the Group operate in a single business segment, namely Textile - Infant/Kids Apparel Manufacturing. Subsidiary Investment: During the twelve month period, the Company acquired an additional stake of 10,99,65,660 shares in its subsidiary, Kitex Apparel Parks Limited (KAPL), for Rs 11,986.26 lakh. Guarantees: The Company provided guarantees for borrowings availed by KAPL from banks for a sanctioned amount of Rs 2,02,300 lakh, of which Rs 99,064.21 lakh was outstanding as on March 31, 2026. Associate Investment: The Company holds an investment in an Associate, Kitex USA LLC, amounting to Rs 2,776.24 lakh as on March 31, 2026. The net worth of the Associate has been fully eroded as of that date. Credit Loss Allowance: During the year, the Company reassessed the measurement of Expected Credit loss allowance on outstanding dues towards Kitex USA LLC and concluded that an ECL Provision of Rs 1,750 lakh was no longer required and was written back in the Statement of Profit and loss. Corporate Restructuring: In February 2025, the Board approved a Scheme of Arrangement providing for the demerger of the textile business of Kitex Childrenswear Limited (KCL) into the Company, subject to regulatory approvals. Result PDF

• Trendlyne
• 1 week 5 days ago

Kitex-backed Twenty20 enters Kerala's Assembly polls with NDA, pitching its Kizhakkambalam model as a disruptor in the state's bipolar political landscape

• Business Standard
• 2 months 1 week ago

Apparels & Accessories company Kitex Garments announced Q3FY26 results Revenue from operations: Rs 18,198.97 lakh against Rs 27,631.61 lakh during Q3FY25, change -34%. PBT: Rs -1,236.89 lakh against Rs 5,524.5 lakh during Q3FY25. PAT: Rs -1,700.2 lakh against Rs 4,051.53 lakh during Q3FY25. EPS: Rs -0.47 for Q3FY26. Result PDF

• Trendlyne
• 4 months ago