K.P.R. Mill Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Half Year Ended September 30, 2015
October 27, 2015 at 09:14 am EDT
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K.P.R. Mill Limited reported unaudited consolidated and standalone earnings results for the second quarter and half year ended September 30, 2015. For the quarter, on a consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 5,872.9 million compared to INR 6,573.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 826.2 million compared to INR 747.8 million a year ago. Profit from ordinary activities before tax was INR 727.7 million compared to INR 569.0 million a year ago. Net profit for the period was INR 521.8 million compared to INR 418.5 million a year ago. Basic and diluted earnings per share were INR 13.85 compared to INR 11.11 a year ago.
For the half year, on a consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 11,875.0 million compared to INR 12,352.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,673.7 million compared to INR 1,438 million a year ago. Profit from ordinary activities before tax was INR 1,457.2 million compared to INR 1,105.7 million a year ago. Net profit for the period was INR 1,026.7 million compared to INR 812.5 million a year ago. Basic and diluted earnings per share were INR 27.25 compared to INR 21.56 a year ago.
For the quarter, on a standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 4,827.3 million compared to INR 5,305.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 698.6 million compared to INR 554.3 million a year ago. Profit from ordinary activities before tax was INR 639.4 million compared to INR 421.2 million a year ago. Net profit for the period was INR 444.0 million compared to INR 294.1 million a year ago. Basic and diluted earnings per share were INR 11.78 compared to INR 7.80 a year ago.
For the half year, on a standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 9,301.2 million compared to INR 10,064.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,358.6 million compared to INR 1,117.8 million a year ago. Profit from ordinary activities before tax was INR 1,126.0 million compared to INR 873.3 million a year ago. Net profit for the period was INR 851.8 million compared to INR 615.6 million a year ago. Basic and diluted earnings per share were INR 22.60 compared to INR 16.34 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.
K.P.R. MILL LIMITED 
