K.P.R. Mill Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 05, 2024 at 02:27 am EST
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K.P.R. Mill Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 12,693 million compared to INR 14,446.9 million a year ago. Net income was INR 1,870.6 million compared to INR 1,745.7 million a year ago. Basic earnings per share from continuing operations was INR 5.47 compared to INR 5.11 a year ago. Diluted earnings per share from continuing operations was INR 5.47 compared to INR 5.11 a year ago.
For the nine months, revenue was INR 44,183.3 million compared to INR 42,901.7 million a year ago. Net income was INR 5,917.4 million compared to INR 6,045.5 million a year ago. Basic earnings per share from continuing operations was INR 17.31 compared to INR 17.68 a year ago. Diluted earnings per share from continuing operations was INR 17.31 compared to INR 17.68 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.