K.P.R. Mill Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2018
October 29, 2018 at 05:12 am EDT
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K.P.R. Mill Limited reported unaudited consolidated and standalone earnings results for the second quarter and six months ended September 30, 2018. For the quarter, on a consolidated basis, the company reported sale of products and services of INR 7,377.9 million compared to INR 7,038.6 million a year ago. Profit before exceptional items and tax was INR 1,167.5 million compared to INR 973.9 million a year ago. Profit before tax was INR 1,167.5 million compared to INR 973.9 million a year ago. Net profit for the period was INR 834.3 million compared to INR 735.0 million a year ago. Basic and diluted earnings per share were INR 11.50 compared to INR 9.95 a year ago. Total income was INR 7,650.7 million compared to INR 7,464.1 million a year ago.
For the six months, on a consolidated basis, the company reported sale of products and services of INR 16,123.3 million compared to INR 14,160.1 million a year ago. Profit before exceptional items and tax was INR 2,299.4 million compared to INR 2,000.8 million a year ago. Profit before tax was INR 2,299.4 million compared to INR 2,000.8 million a year ago. Net profit for the period was INR 1,647.0 million compared to INR 1,465.9 million a year ago. Basic and diluted earnings per share were INR 22.67 compared to INR 19.84 a year ago. Total income was INR 16,669.2 million compared to INR 14,972.4 million a year ago.
For the quarter, on a standalone basis, the company reported sale of products and services of INR 6,680.9 million compared to INR 5,959.9 million a year ago. Profit before exceptional items and tax was INR 1,142.4 million compared to INR 819.5 million a year ago. Profit before tax was INR 1,142.4 million compared to INR 819.5 million a year ago. Net profit for the period was INR 822.6 million compared to INR 631.9 million a year ago. Basic and diluted earnings per share were INR 11.34 compared to INR 8.55 a year ago. Total income was INR 6,903.6 million compared to INR 6,209.3 million a year ago.
For the six months, on a standalone basis, the company reported sale of products and services of INR 14,106.2 million compared to INR 11,395.1 million a year ago. Profit before exceptional items and tax was INR 2,216.9 million compared to INR 1,452.8 million a year ago. Profit before tax was INR 2,216.9 million compared to INR 1,452.8 million a year ago. Net profit for the period was INR 1,595.3 million compared to INR 1,093.6 million a year ago. Basic and diluted earnings per share were INR 21.96 compared to INR 14.80 a year ago. Total income was INR 14,523.2 million compared to INR 11.806.3 million 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.