Kewal Kiran Clothing Ltd reported a 23 percent rise in net profit to Rs 33 crore ($4.1 million) for the third quarter ended December 2023, as against Rs 27 crore in the year-ago period.
The company’s revenue for the quarter rose by 1 percent to Rs 200 crore, as against Rs 199 crore in the corresponding quarter of the previous fiscal year.
Commenting on the results, Kewalchand P Jain, chairman managing director of Kewal Kiran in a statement said, “We have continuously endeavoured to climb higher which has helped us to maintain our position as one of the leading branded apparel makers because of our ability to keep innovating and motivating ourselves to excel. Our focus is to provide superior value to our consumers, drive competitive volume growth, and invest further on excelling our brands.”
“In this direction, we continue to expand on our brand focused exclusive brand outlets (EBOs), wherein there has been a net addition of 23 Killer brand EBOs in the quarter and the total count of our EBOs stand at 483 as on December 31, 2023,” he added.
Kewal Kiran Clothing Limited is a leading menswear focused apparel player which owns brands like Killer, Intergiti, Lawman & Easies.
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