K.P.R. Mill Limited Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2018
July 30, 2018 at 05:05 am EDT
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K.P.R. Mill Limited reported unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2018. For the quarter on standalone basis, the company reported revenue from operations of INR 7,605.2 million against INR 5,556.3 million a year ago. Profit before exceptional items and tax was INR 1,074.5 million against INR 633.3 million a year ago. Profit before tax was INR 1,074.5 million against INR 633.3 million a year ago. Net profit for the period was INR 772.7 million against INR 461.7 million a year ago. Basic and diluted earnings per share were INR 10.62 against INR 6.25 a year ago.
For the quarter on consolidated basis, the company reported revenue from operations of INR 9,005.1 million against INR 7,465.6 million a year ago. Profit before exceptional items and tax was INR 1,131.9 million against INR 1,026.9 million a year ago. Profit before tax was INR 1,131.9 million against INR 1,026.9 million a year ago. Net profit for the period was INR 812.7 million against INR 730.9 million a year ago. Basic and diluted earnings per share were INR 11.17 against INR 9.89 a year ago.
K.P.R. Mill Limited is an India-based textile company. The Company is engaged in the business of yarn, fabrics, garments, green power, sugar and ethanol. The Company's segments include textile, sugar and others. It produces yarns in a comprehensive range and varieties like compact yarn, combed yarn, carded yarn, melange yarn, polyester cotton, viscose yarn, grindel yarn and red label yarn. Its fabric products include the entire range of single jersey (also with lycra/spandex), interlock, rib, two and three thread fleece, pique polo, flat bed collar are key products. The Company provides a range of inner wear and athleisure wear for the Indian market under the brand name FASO. It provides men's wear and women's wear. It provides various garment types, such as casual wear, sportswear, active wear, sleep wear and work wear. It has a capacity to produce approximately 1,00,000 metric tons (MT) of cotton yarn; 4,000 MT Viscose vortex yarn per annum; 40,000 MT fabrics per annum, and others.