K.P.R. Mill Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
February 03, 2020 at 03:54 am EST
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K.P.R. Mill Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 7,787.400 million compared to INR 7,809.400 million a year ago. Net income was INR 944.000 million compared to INR 841.100 million a year ago. Basic earnings per share was INR 13.31 compared to INR 11.59 a year ago. For the nine months, total revenue was INR 25,069.200 million compared to INR 24,626.100 million a year ago. Net income was INR 2,957.700 million compared to INR 2,489.300 million a year ago. Basic earnings per share was INR 41.07 compared to INR 34.28 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.