Kitex Garments Limited has reported its audited consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The company posted a consolidated net profit of ₹152.95 crore for FY26, a decline from ₹318.16 crore in the previous year. The board approved the results at a meeting held on May 30, 2026, and recommended a final dividend of ₹0.50 per equity share for FY26, subject to shareholder approval.

Q4 Financial Performance

The company reported a consolidated net loss of ₹92.87 crore for Q4FY26, a reversal from the net profit of ₹92.89 crore recorded in the corresponding quarter of the previous year. Revenue from operations declined to ₹1,019.41 crore from ₹2,003.69 crore year-on-year. EBITDA for the quarter stood at ₹1.70 crore, significantly lower than the ₹51.10 crore reported in Q4FY25, with the EBITDA margin contracting to 1.02% from 17.02%.

Annual Performance and Dividend

For the full year FY26, the company reported a consolidated net profit of ₹152.95 crore. Total revenue for the year decreased to ₹6,194.14 crore from ₹9,828.01 crore in the previous year. The board recommended a final dividend of ₹0.50 per share, or 50%, of the face value of Re. 1 each, pending approval at the ensuing Annual General Meeting.

Auditor's Report and Disclosures

The statutory auditors, MSKA & Associates LLP, issued a qualified opinion on the standalone financial results regarding the company's investment in its associate, Kitex USA LLC. The auditors noted that the associate's net worth was fully eroded and management could not provide corroborative evidence to substantiate the recoverability of the investment carrying value of ₹27.76 crore. However, the auditors issued an unmodified opinion on the consolidated financial results. The company wrote back an Expected Credit Loss (ECL) provision of ₹17.50 crore during the year.

Kitex garments Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for the quarter ended March 31, 2026. The filing, made on April 08, 2026, fulfills the company's regulatory obligations under SEBI's depository regulations.

Regulatory Compliance Certificate

The certificate was filed pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding the processing of dematerialization requests within prescribed timelines.

RTA Confirmation Details

The company's Registrar and Transfer Agent, Cameo Corporate Services Limited, issued the compliance certificate confirming adherence to regulatory requirements. The RTA provided comprehensive confirmation regarding the processing of dematerialization requests during the quarter.

Key confirmations provided by the RTA include:

• All securities received from depository participants for dematerialization were confirmed within stipulated timelines
• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are traded
• Security certificates received for dematerialization were properly mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within regulatory timelines

Stock Exchange Communication

The compliance certificate was simultaneously submitted to both major Indian stock exchanges where Kitex Garments shares are listed.

Corporate Governance

The filing was signed by Dayana Joseph, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining proper corporate governance standards. The digital signature was applied on April 08, 2026, ensuring authenticity and regulatory compliance.

This quarterly filing represents part of Kitex Garments' ongoing compliance with SEBI's depository regulations, ensuring transparent and timely processing of investor dematerialization requests.