Kewal Kiran Clothing Limited (KKCL) has reported its best-ever quarterly performance for Q2, with significant revenue growth and improved profitability.

Revenue Growth

The company's revenue from operations for Q2 grew by 14.9% year-on-year to Rs. 354.10 crore, compared to Rs. 308.20 crore in the same quarter of the previous year. This growth indicates robust demand for KKCL's products in the market.

Profitability Improvements

KKCL experienced notable improvements in profitability:

• Gross profit increased by 15.8% to Rs. 149.20 crore, with margins at 42.1%.
• EBIDTA grew by 11.0% to Rs. 71.00 crore, with margins at 20.0%, surpassing company guidance.

Key Financial Metrics

Half-Year Performance

For the first half of the fiscal year, KKCL reported a revenue growth of 27.9% to Rs. 587.80 crore.

Expansion and Brand Visibility

• KKCL expanded its retail presence by adding 29 Exclusive Brand Outlets (EBOs) during the quarter, bringing the total to 652 EBOs.
• The company also maintains a presence in over 3,000 Multi-Brand Outlets.
• KKCL served as an official partner for the Asia Cup Cricket Series, enhancing brand visibility across India and South Asia.

Management Commentary

Joint Managing Director Hemant Jain attributed the performance to strategic execution, favorable macroeconomic conditions, and disciplined operational management. He noted that growth was driven by volume expansion and higher realizations across retail and non-retail channels.

Conclusion

Kewal Kiran Clothing Limited has demonstrated strong financial performance in Q2, with significant growth in revenue and profitability. The company's expansion strategies and brand partnerships appear to be yielding positive results. Investors and stakeholders may look forward to continued growth if KKCL maintains its current trajectory and capitalizes on market opportunities.

Kewal Kiran Clothing Limited (KKCL) has reported a robust performance for the first quarter, with consolidated revenue soaring 54.5% year-on-year to ₹235.00 crore. The company's standalone revenue reached ₹181.00 crore, marking a 20% increase compared to the same period last year.

Strong Growth Across Channels

The company witnessed significant growth across its retail and non-retail channels. The retail channel experienced an impressive 86% growth, while the non-retail channel expanded by 29%. Same-store sales growth (SSG) stood at a healthy 25% during the quarter.

Volume Growth and Improved Realization

KKCL achieved a notable 46.4% volume growth in apparel on a consolidated basis, reflecting strong consumer demand and improved market penetration. The average realization per unit improved by 14.4% year-on-year, driven by higher full-price sales and an increased share of apparel in the product mix.

Profitability and Margins

The company's EBITDA for the quarter came in at ₹42.00 crore, representing a growth of 50.6% year-on-year. The EBITDA margin stood at 17.8%, which is at the upper end of the company's guided range of 17-18%.

Expansion and Store Additions

KKCL added a net of 14 Exclusive Brand Outlets (EBOs) during the quarter, bringing its total store count to 623. The company is focusing on expanding its presence in Tier 1, 2, and 3 cities, with a target of adding over 100 stores.

Brand Performance

The company's key brands, including Killer, Kraus, and Junior Killer, showed stronger contribution during the quarter. Denim continued to maintain its position, contributing over 50% to the product mix.

Future Outlook

Management provided guidance, projecting 18-20% consolidated revenue growth, 42-45% gross margins, and 17-18% EBITDA margins. The company received positive feedback from its Spring-Summer trade show and expects to maintain growth momentum through the festive and winter seasons.

Management Commentary

Hemant Jain, Joint Managing Director of KKCL, stated, "We are pleased to report a strong start, with results that reflect solid operational execution and continued traction across our key brands. The quarter's performance further strengthens our confidence in our Vision 2028 roadmap."

KKCL remains committed to driving profitable brand-led growth while delivering superior shareholder returns over the long term. The company's focus on product innovation, premiumization, deeper retail expansion, and category diversification is expected to support its growth trajectory in the coming quarters.

As the macro environment shows signs of sustained recovery, KKCL is well-positioned to benefit from improving consumer sentiment and discretionary spending.