Kitex Garments Limited — Important, 04-11-2024: Updates

Kitex Garments Limited reported exceptional financial results for the quarter ended September 30, 2024, with total revenue reaching ₹220.91 crore, a 58% year-over-year increase. Profit Before Tax soared by 188% to ₹53.52 crore, while Net Profit nearly tripled to ₹39.94 crore. The EBITDA margin improved to 27.68%, reflecting strong operational efficiency. The Managing Director expressed optimism about continued growth driven by rising demand and strategic investments in production capabilities.