KKCL financial results for the period ended March 31, 2023 posted
29 April 2023, Mumbai
Kewal Kiran Clothing Limited (KKCL), the company that owns brands like Killer, Lawman, Easies and Desi Belle, has reported its consolidated financial results for the period ended March 31, 2023. The company has posted a total income of Rs. 206.98 crores, up from Rs. 205.60 crores in the previous quarter, with a QoQ growth of 0.67%. The net profit for the same period stood at Rs. 31.49 crores, up from Rs. 26.90 crores in the previous quarter, with a QoQ growth of 17.06%.
On a YoY comparison, Kewal Kiran Clothing Limited's total income for Q4 FY2023 increased by 19.56%, from Rs. 173.12 crores to Rs. 206.98 crores. The company's net profit also rose to Rs. 31.49 crores from Rs. 24.74 crores, indicating a YoY growth of 27.28%.
For the financial year ended March 31, 2023, Kewal Kiran Clothing Limited's total income was reported as Rs. 799.67 crores, up from Rs. 624.63 crores in the previous year, with a YoY growth of 28.02%. The net profit for the financial year stood at Rs. 119.03 crores, up from Rs. 81.62 crores in the previous year, indicating a YoY growth of 45.83%.
The company's financial results have shown growth in QoQ and YoY comparisons, indicating a positive trend for the future.
