Kitex Garments
187.88
-3.71(-1.94%)
Market Cap₹3,822.20 Cr
PE Ratio29.20
IndustryTextiles
Company Performance:
1D-1.94%
1M-11.75%
6M-25.67%
1Y-63.07%
5Y+82.67%
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More news about Kitex Garments
04Aug 25
Kitex Garments Reports Mixed Q1 Results, Unveils Ambitious Fundraising and Expansion Plans Including 'Little Star' USA Brand Launch in India
Kitex Garments reported mixed Q1 results with increased revenue but decreased profits. The company approved plans to raise up to ₹30 billion through equity shares and increase its authorized share capital. Kitex also announced the launch of its 'Little Star' USA brand in India, targeting ₹1,000 crore annual revenue within 2-3 years. The company aims to capitalize on India's growing infant and children's wear market, projected to reach ₹1,46,763 crore by 2030.
04Aug 25
Kitex Garments Reports Q1 Profit, Plans ₹3,000 Crore Fund Raise and Launches 'Little Star' Brand in India
Kitex Garments reported Q1 revenue of ₹19,669.19 lakhs and net profit of ₹2,605.08 lakhs (standalone). The company approved plans to raise up to ₹3,000 crores through equity issuance and increase authorized share capital to ₹50 crores. Kitex is launching its 'Little Star' brand in India, targeting ₹1,000 crores annual revenue within 2-3 years. Auditors raised concerns over recoverability of investments and receivables from Kitex USA LLC.
30Jul 25
Kitex Garments to Explore Long-Term Funding Options and Review Q1 Results on August 4
Kitex Garments Limited has scheduled a board meeting for August 4, 2025, to discuss long-term funding options and review Q1 financial results. The company will consider raising capital through equity shares, equity-linked securities, qualified institutional placement, or preferential issues. The board will also review unaudited financial results for the quarter ended June 30, 2025, consider increasing authorized share capital, and discuss potential changes to the Memorandum of Association. The trading window for company securities is closed from July 1, 2025, until 48 hours after the meeting results are announced, in compliance with SEBI regulations.
30Jul 25
Kitex Garments to Explore Long-Term Funding Options and Review Q1 Results on August 4
Kitex Garments Limited has scheduled a board meeting for August 4, 2025, to discuss long-term funding options and review Q1 financial results. The company will consider raising capital through various means, including equity shares and qualified institutional placement. The board will also deliberate on increasing the Authorized Share Capital and amending the Memorandum of Association. The trading window for company securities has been closed from July 1, 2025, until 48 hours after the meeting's outcome is disclosed.
29May 25
Kitex Garments Q4 Results: Revenue Soars, Profit Climbs Despite Margin Pressure
Kitex Garments' Q4 results show significant growth with revenue increasing 73.41% to ₹3,000.00 million and net profit rising 52.31% to ₹396.00 million year-over-year. EBITDA grew 37.91% to ₹482.00 million. However, EBITDA margin decreased to 16.07% from 20.20%, indicating some pressure on profitability despite overall positive performance.
24Apr 25
Kitex Garments Subsidiary Initiates Trial Run at New Warangal Facility
Kitex Apparel Parks Limited, a subsidiary of Kitex Garments Limited, has started a trial run at its new manufacturing unit in Warangal District, Telangana State. This development marks a significant step in Kitex Garments' expansion strategy, potentially increasing production capacity and enhancing market reach. The company officially announced this milestone to stock exchanges, complying with SEBI regulations.
Kitex Garments
187.88
-3.71
(-1.94%)
1 Year Returns:-63.07%
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