Kewal Kiran Clothing Q1 Results Total Revenue ₹151.25 Crores & Operating Income ₹24.73 Crores

Kewal Kiran Clothing Growth Overview

Kewal Kiran Clothing's Q1 results show some significant changes in their financial performance. The company’s total revenue for June 2024 was ₹151.25 crores, which is a 31.07% decrease compared to the previous quarter (QoQ), where it was ₹199.48 crores. Year-over-year (YoY), the revenue also fell by 15.22% from ₹178.40 crores in June 2023.

Kewal Kiran Clothing’s total expenses for selling, general, and administrative costs were ₹41.12 crores in June 2024, a decrease of 25.94% QoQ from ₹50.16 crores in March 2023. However, YoY, these expenses were slightly lower by 3.54% compared to ₹42.63 crores in June 2023. Depreciation and amortization costs increased by 10.51% QoQ to ₹2.84 crores from ₹2.36 crores in the previous quarter and were up 14.98% YoY from ₹2.47 crores last year.

Kewal Kiran Clothing’s Operating income dropped significantly by 37.93% QoQ to ₹24.73 crores, down from ₹36.64 crores in the previous quarter. YoY, this represents a 21.89% decline from ₹31.66 crores. Net income also fell by 33.39% QoQ to ₹25.21 crores and was down 25.19% YoY from ₹33.70 crores. The diluted normalized earnings per share (EPS) decreased by 33.39% QoQ to ₹4.09 and by 25.23% YoY from ₹5.47.

Here's a summary of Kewal Kiran Clothing's Q1 results, with all figures in crores except per share values:

Source: Here 

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Kewal Kiran Clothing Q1 Results

Kewal Kiran Clothing's financial table provides a detailed look at the company's performance over different periods. For the quarter ending June 30, 2024, the company earned ₹15,125 lakhs from its main business operations, with an additional income of ₹1,080 lakhs, making the total income ₹16,205 lakhs. The company’s total expenses for this quarter were ₹12,717 lakhs, which include costs like materials, employee salaries, and other operating expenses. This led to a profit before tax of ₹3,488 lakhs. After accounting for tax expenses of ₹610 lakhs, the final profit was ₹2,551 lakhs.

In comparison, for the quarter ending March 31, 2024, Kewal Kiran Clothing had a higher revenue of ₹21,942 lakhs and additional income of ₹823 lakhs, resulting in total income of ₹22,765 lakhs. Total expenses for this quarter were ₹18,006 lakhs, leading to a profit before tax of ₹4,759 lakhs. After taxes, the profit was ₹3,752 lakhs.

Kewal Kiran Clothing’s quarter ending June 30, 2023, revenue was ₹17,840 lakhs with other income of ₹1,121 lakhs, making the total income ₹18,961 lakhs. The total expenses were ₹14,817 lakhs, with a profit before tax of ₹4,144 lakhs and a final profit of ₹3,306 lakhs after taxes.

For the entire year ending March 31, 2024, Kewal Kiran Clothing earned ₹86,050 lakhs from operations, with an additional income of ₹3,697 lakhs, making the total income ₹89,747 lakhs. Total expenses were ₹69,779 lakhs, resulting in a profit before tax of ₹19,968 lakhs. After-tax expenses, the final profit was ₹15,383 lakhs. The company’s earnings per share were ₹25.07 for the year, showing strong financial performance.

Here's the financial data in table format:

Kewal Kiran Clothing Financial Performance

Kewal Kiran Clothing has a market capitalization of ₹4,045 crore, meaning this is the total value of all its shares combined. The stock's current price is ₹656, with a high of ₹827 and a low of ₹596 in recent times. The Price-to-Earnings (P/E) ratio is 27.7, which shows how much investors are willing to pay per ₹1 of earnings. The company's book value per share is ₹110, indicating its net worth. The dividend yield is 0.30%, meaning shareholders get a small return from dividends.

Here's a summary of the financial details provided:

Quarterly Results 

For Kewal Kiran Clothing, the financial data for December 2023, March 2024, and June 2024 shows some key trends. In December 2023, sales were at 200 crores, with expenses of 161 crores and an operating profit of 39 crores. The company’s profit before tax was 44 crores, and the net profit was 33 crores, with an EPS of 5.39. By March 2024, sales increased to 219 crores, expenses rose to 177 crores, and operating profit went up to 42 crores. Net profit also grew to 38 crores, with an EPS of 6.14. 

Here's the data for December 2023, March 2024, and June 2024:

About Kewal Kiran Clothing 

Kewal Kiran Clothing (KKCL) is a company that focuses on understanding what its customers want. They create brands that fit the unique tastes and attitudes of different groups of people. By carefully designing each brand to match these specific preferences, KKCL ensures that their products truly reflect what customers are looking for. This approach helps KKCL stand out in the market as a powerful and influential brand maker. Their attention to detail and dedication to meeting customer needs make them a leader in the fashion industry.