Kitex Garments Q2 FY27 Results: Turns Profitable, Net Profit ₹13.7 Cr
Kitex Garments Ltd reported revenue from operations of ₹203 Cr (+66.3% YoY) and net profit of ₹13.7 Cr for Q2 FY27.
- Key figure
- Net profit ₹13.7 Cr
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Kitex Garments Ltd reported revenue from operations of ₹203 Cr (+66.3% YoY) and net profit of ₹13.7 Cr for Q2 FY27.
KITEX GARMENTS LIMITED intimated a board meeting on 02 Nov 2026 to consider unaudited standalone and consolidated quarterly results for September 2026. Trading window closes from 01 Oct to 04 Nov 2026.
The company submitted its quarterly shareholding pattern under SEBI Regulation 31(1)(b) for the period ending September 30, 2026.
Designated Person Saji Kurian acquired 11,650 equity shares of Kitex Garments Ltd through multiple market purchases for a total consideration of ₹0.14 Crore.
Kitex Garments Limited held its 34th Annual General Meeting on September 25, 2026, to discuss various agenda items including financial adoption and dividend declaration.
Kitex Garments informed the exchange about dispatching mandatory notices to physical shareholders to update their PAN, KYC, and nomination details per SEBI regulations.
Kitex Garments Limited scheduled its 34th Annual General Meeting for September 25, 2026. September 18, 2026, is fixed as the record date for dividend entitlement.
India Ratings downgraded Kitex Garments' long-term bank loan facilities to 'IND BBB+' from 'IND A'. The downgrade reflects subdued profitability and higher debt levels in FY26.
India Ratings and Research has downgraded Kitex Garments Limited's credit rating for bank loan facilities totaling ₹347.98 Crore. The long-term rating is now IND BBB+/Negative.
Kitex Garments' Board approved a proposal for fund raising. The specific mode, structure, price, and terms will be determined by the Board or a committee later.
Kitex Garments' Board approved a fund-raising plan of up to ₹3,000 Crore through equity shares, non-convertible debentures, or other securities via QIP or other modes.
Kitex Garments Ltd reported revenue from operations of ₹158.4 Cr (-19.5% YoY) and a net loss of ₹17.1 Cr for Q1 FY27.
Kitex Garments will hold a board meeting on August 14, 2026, to consider quarterly financial results and proposals for raising capital.
Kitex Garments held NCLT-convened meetings for Equity Shareholders and Unsecured Creditors on July 24, 2026, regarding the Scheme of Arrangement with Kitex Childrenswear Limited.
The company filed its quarterly shareholding pattern as per SEBI regulations, disclosing details of promoter and public shareholding as of June 30, 2026.
Kitex Garments issued an addendum to its shareholder meeting notice regarding a Scheme of Arrangement with Kitex Childrenswear. The update includes NCLT-directed financial disclosures and valuation metrics.
Kitex Garments Limited has reconstituted its Board committees. Changes were made to the Audit, Nomination, Stakeholders Relationship, and Risk Management committees.
Kitex Garments appointed Mr. Bijoy Philipose as an Additional Independent Director. The appointment is effective from June 30, 2026, for a five-year term.
Independent Director Mr. Chenakkott Philipose Philipose resigned effective June 06, 2026, citing personal reasons. He confirmed there are no other material reasons for his departure.
Kitex Garments recommended a final dividend of ₹0.50 per equity share for FY2025-26. The record date and AGM schedule will be announced later for shareholder approval.
Kitex Garments Ltd reported revenue from operations of ₹166.2 Cr (-44.6% YoY) and a net loss of ₹9.3 Cr for Q4 FY26.
Kitex Garments reported audited FY26 consolidated revenue of ₹666.95 Crore. The board also recommended a final dividend of ₹0.50 per share for shareholder approval.
Kitex Garments adjourned its May 29 board meeting to May 30, 2026. The resumed session will consider audited financial results and potential dividend recommendations.
Kitex Garments scheduled a board meeting on May 29, 2026. The board will consider audited yearly financial results and a final dividend recommendation.