Kewal Kiran Clothing Ltd's Q3FY25 Quarter Results
- 10 Feb 2025
Result Summary
- Kewal Kiran Clothing Ltd reported a 25.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 22.6%.
- Its expenses for the quarter were down by 13.7% QoQ and up 33.9% YoY.
- The net profit decreased 61.4% QoQ and decreased 21.5% YoY.
- The earnings per share (EPS) of Kewal Kiran Clothing Ltd stood at 4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 256.73 | 342.48 | 209.46 | -25.0% | 22.6% |
Total Expenses | 221.07 | 256.28 | 165.13 | -13.7% | 33.9% |
Profit Before Tax | 35.66 | 86.20 | 44.33 | -58.6% | -19.6% |
Tax | 9.57 | 18.55 | 11.09 | -48.4% | -13.7% |
Profit After Tax | 26.09 | 67.65 | 33.24 | -61.4% | -21.5% |
Earnings Per Share | 4.00 | 10.60 | 5.40 | -62.3% | -25.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kewal Kiran Clothing Ltd is a prominent player in the Indian apparel industry, primarily engaged in the manufacturing and retailing of branded fashion apparel. The company is known for its popular brands such as "Killer," "Easies," "Lawman Pg3," and "Integriti." These brands cater to both men's and women's fashion segments, offering a wide range of products including jeans, shirts, t-shirts, trousers, and other accessories. Operating in the highly competitive textile and apparel industry, Kewal Kiran Clothing Ltd has established a significant market presence through its extensive retail network, which includes exclusive brand outlets, large format stores, and multi-brand outlets across the country. Currently, there is no specific information about any recent major developments concerning the company available from the provided data.
Revenue
In Q3FY25, Kewal Kiran Clothing Ltd reported a total income of ₹256.73 crores. This represents a 25.0% decline from the previous quarter (Q2FY25), where the total income stood at ₹342.48 crores. However, when compared to the same quarter in the previous year (Q3FY24), the total income increased by 22.6%, reflecting a positive year-over-year trend. The company's revenue dynamics suggest fluctuating quarterly performance but an overall improvement compared to the previous year. The variations in revenue could be attributed to several factors, including seasonal demand fluctuations, changes in consumer preferences, or strategic business decisions affecting sales during the reported periods.
Profitability
Kewal Kiran Clothing Ltd's profitability metrics for Q3FY25 reveal a profit before tax of ₹35.66 crores, which declined by 58.6% from the previous quarter's profit before tax of ₹86.20 crores. Compared to Q3FY24, this figure shows a decrease of 19.6%. The profit after tax for Q3FY25 was ₹26.09 crores, marking a 61.4% decrease from Q2FY25's ₹67.65 crores and a 21.5% decrease compared to the same quarter of the previous year. Earnings per share (EPS) followed a similar pattern, recorded at ₹4.00 in Q3FY25, down from ₹10.60 in Q2FY25 and ₹5.40 in Q3FY24. The decline in profitability on both a quarterly and yearly basis may reflect increased costs or other operational challenges during this period.
Operating Metrics
The total expenses for Q3FY25 were reported at ₹221.07 crores, showing a decrease of 13.7% from ₹256.28 crores in Q2FY25. However, when compared to Q3FY24, total expenses increased by 33.9%, indicating a significant rise in operational costs year-over-year. The tax expense for Q3FY25 was ₹9.57 crores, which decreased by 48.4% from the previous quarter's ₹18.55 crores and by 13.7% from the same quarter last year. These figures highlight the company's cost management strategies and tax obligations during the reported period. The variations in expenses and tax liabilities could be influenced by changes in production costs, administrative expenses, or other operational factors impacting the company's financial performance.
