Kitex Garments Ltd

(KITEX)

Kitex Garments Shares Surge on Bonus Announcement - 20 Nov, 2024

Kitex Garments Ltd shares rose 5% to Rs 637.15 after announcing a board meeting to discuss potential bonus shares. The stock has shown impressive returns, climbing 31% in a month and 188% in six months.

Kitex Garments Plans Bonus Share Issue - 19 Nov, 2024

Kitex Garments shares surged to a 5% upper circuit as the board announced a meeting on November 22 to consider a bonus share issue, marking the first in seven years. The stock has gained 183% year-to-date, reflecting strong investor interest and robust financial performance.

Kitex Garments Reports Strong Q2 Growth - 05 Nov, 2024

Kitex Garments announced a 58% year-on-year increase in Q2 revenue to Rs 220.91 crore, with net profit nearly tripling to Rs 39.94 crore. EBITDA margin improved significantly to 27.68%.

Kitex Garments Hits Upper Circuit on Strong Q2 Results - 04 Nov, 2024

Kitex Garments stock surged 5% to ₹643.95 following impressive Q2FY25 results, with total income rising 47.79% and PAT increasing by 370.29%. The company has seen a 209% share price increase over six months.

Kitex Garments Reports Record Q2 Profit Growth - 01 Nov, 2024

Kitex Garments reported a net profit of ₹39.94 crore in Q2 FY25, nearly tripling from the previous year. Total revenue surged 58% to ₹220.91 crore, driven by increased demand and operational efficiency. The company anticipates further growth, aiming for ₹1,000 crore turnover this fiscal year, bolstered by expanded capacities in Telangana and favorable market conditions due to unrest in Bangladesh.

Kitex Garments Reports Strong Sales Growth - 31 Oct, 2024

Kitex Garments announced consolidated net sales of Rs 215.88 crore for September 2024, reflecting a significant year-on-year increase of 61.16%. This growth indicates strong operational performance.