K.P.R. Mill Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 06, 2023 at 03:30 am EST
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K.P.R. Mill Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 15,330.4 million compared to INR 12,405.1 million a year ago. Net income was INR 2,018.4 million compared to INR 2,032.9 million a year ago. Basic earnings per share from continuing operations was INR 5.9 compared to INR 5.95 a year ago.
For the six months, revenue was INR 31,490.3 million compared to INR 28,454.8 million a year ago. Net income was INR 4,046.8 million compared to INR 4,299.8 million a year ago. Basic earnings per share from continuing operations was INR 11.84 compared to INR 12.57 a year ago.
K.P.R. Mill Limited is a vertically integrated apparel manufacturing company. The Company is engaged in the manufacture and sale of Yarn, knitted fabric, readymade garments, and wind power. Its segments include Textile, Sugar, and Others. Its products include yarn, fabric, garments, and sugar. Its yarn ranges include compact yarn, combed yarn, carded yarn, melange yarn, polyester cotton, viscose yarn, and grindel yarn. It also specializes in special yarns, such as color melange, slub yarn, injection slub and others. Its fabric products include single jersey, interlock, 1x1 rib, 2x1 rib, two thread fleece, three thread fleece, pique polo, single jersey with spandex yarn-all/ alternate feeder, and collar and cuff. It offers a range of knitted garments for men, women, and children out of cotton, organic cotton, cotton blends and fair-trade cotton. It also manufactures white crystalline sugar. Its subsidiaries include Quantum Knits Pvt. Limited and K.P.R. Sugar Mill Limited.