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Kitex Garments Ltd share price inched up 2.93% to Rs 138.75 after the company`s net profit saw a strong growth of 84.28% to Rs 17.12 crore, while revenue from operations eased by 4.66% to Rs 158.43 crore in Q2FY26 over Q1FY26. The market capitalization of Garments & Apparels industry group stocks on BSE stood at Rs 90029.82 crore, declining 6.15%. It has slipped by 4.31% over last one week and heading higher by 8.77% in last one month while the market capitalization of Kitex Garments Ltd has softened by 4.31% and 11.54% in the same period respectively. Profit before tax (PBT) of Kitex Garments Ltd stood at Rs 13.35 crore in Q2 FY26, plunging by 147.34% year-on-year, and expanding by 160.23% quarter-on-quarter. EBITDA came in at Rs 3 crore, tanking 92.38% YoY and tumbling by 107.84% sequentially. Total expenses contracted by 10.24% to Rs 165.82 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 104.72 crore, growing marginally by 6.38% YoY, while employee benefits expense was at Rs 33.47 crore, inching up 4.33% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 59.31% to Rs 982.8 crore, while net profit surged by 143.15% to Rs 135.75 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 8031% to Rs 182.23 crore, and PBT surged 118.57% to Rs 189.54 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 54.28 crore in FY26, as against Rs 38.26 crore in FY25. Kitex Garments Ltd crashed 22.40% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.05% during the same period.

Kitex Garments announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 July 2026.

Kitex Garments announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 July 2026.

Kitex Garments announced that the Board of Directors of the Company at its meeting held on 30 May 2026, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Net loss of Kitex Garments reported to Rs 3.91 crore in the quarter ended March 2026 as against net profit of Rs 33.05 crore during the previous quarter ended March 2025. Sales declined 44.64% to Rs 166.17 crore in the quarter ended March 2026 as against Rs 300.17 crore during the previous quarter ended March 2025.For the full year,net profit declined 95.74% to Rs 5.91 crore in the year ended March 2026 as against Rs 138.73 crore during the previous year ended March 2025. Sales declined 32.14% to Rs 666.95 crore in the year ended March 2026 as against Rs 982.80 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales166.17300.17 -45 666.95982.80 -32 OPM %1.0017.04 -4.2620.43 - PBDT15.1150.84 -70 35.48205.29 -83 PBT-5.1347.68 PL -9.10189.54 PL NP-3.9133.05 PL 5.91138.73 -96 Powered by Capital Market - Live News