K.P.R. Mill Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Year Ended March 31, 2017
May 03, 2017 at 10:48 am EDT
Share
K.P.R. Mill Limited reported audited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, on standalone basis, the company reported total income from operations of INR 6,642.3 million against INR 5,668.6 million a year ago. Profit from ordinary activities before tax was INR 889.4 million against INR 517.7 million a year ago. Net profit for the period was INR 697.9 million or INR 9.35 per share basic and diluted against INR 402.3 million or INR 5.24 per share basic and diluted a year ago.
For the year, on standalone basis, the company reported total income from operations of INR 22,462.6 million against INR 19,954.8 million a year ago. Profit from ordinary activities before tax was INR 3,103.1 million against INR 2,219.6 million a year ago. Net profit for the period was INR 2,384.2 million or INR 31.71 per share basic and diluted against INR 1,561.4 million or INR 20.62 per share basic and diluted a year ago.
For the quarter on consolidated basis, the company reported total income from operations of INR 7,907.0 million against INR 7,285.5 million a year ago. Profit from ordinary activities before tax was INR 965.5 million against INR 675.1 million a year ago. Net profit for the period was INR 718.6 million or INR 9.65 per share basic and diluted against INR 550.7 million or INR 7.20 per share basic and diluted a year ago.
For the year on consolidated basis, the company reported total income from operations of INR 28,440.9 million against INR 26,244.1 million a year ago. Profit from ordinary activities before tax was INR 3,769.0 million against INR 2,837.8 million a year ago. Net profit for the period was INR 2,868.2 million or INR 38.17 per share basic and diluted against INR 2,107.1 million or INR 27.87 per share basic and diluted a year ago. EBITDA was INR 5,907.1 million.
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.