Kitex Garments' Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- Kitex Garments Ltd reported a 39.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 34.2%.
- Its expenses for the quarter were up by 29.2% QoQ and down 13.0% YoY.
- The net profit increased 173.3% QoQ and decreased 142.0% YoY.
- The earnings per share (EPS) of Kitex Garments Ltd declined at 0.47 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 187.00 | 134.49 | 284.36 | 39.0% | -34.2% |
Total Expenses | 199.38 | 154.28 | 229.11 | 29.2% | -13.0% |
Profit Before Tax | -12.37 | -2.30 | 55.24 | 437.8% | -122.4% |
Tax | 4.63 | 3.92 | 14.73 | 18.1% | -68.6% |
Profit After Tax | -17.00 | -6.22 | 40.51 | 173.3% | -142.0% |
Earnings Per Share | -0.47 | -0.08 | 6.17 | 487.5% | -107.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kitex Garments Ltd is an Indian company that is primarily engaged in the manufacturing of garments. The company specializes in the production of infant wear and children's garments, serving both domestic and international markets. Kitex Garments is a well-established player in the textile industry, known for its focus on high-quality products and adherence to international standards. Recent developments or strategic moves by the company are not available at this time. The company operates in a competitive sector, where factors such as raw material costs, labor expenses, and demand fluctuations can significantly impact its performance.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Kitex Garments Ltd reported a total income of ₹187.00 crores. This represents a significant quarter-over-quarter (QoQ) increase of 39.0% compared to the previous quarter (Q2FY26), where the total income was ₹134.49 crores. However, when compared year-over-year (YoY) to the same quarter in the previous fiscal year (Q3FY25), the total income decreased by 34.2% from ₹284.36 crores. This decline in YoY revenue suggests a notable change in the company's revenue generation in comparison to the same period last year.
Profitability
During Q3FY26, Kitex Garments Ltd faced a challenging profitability scenario. The company reported a loss with a negative profit before tax (PBT) of ₹12.37 crores, which is a significant increase in losses from the previous quarter's PBT of ₹-2.30 crores. Year-over-year, this is a substantial drop from the profit of ₹55.24 crores reported in Q3FY25. The tax expense for Q3FY26 was ₹4.63 crores, up from ₹3.92 crores in Q2FY26, but down from ₹14.73 crores in Q3FY25. Consequently, the profit after tax (PAT) for Q3FY26 was a loss of ₹17.00 crores, a substantial increase in losses both QoQ and YoY, from losses of ₹6.22 crores in Q2FY26 and a profit of ₹40.51 crores in Q3FY25, respectively. Earnings per share (EPS) were also negative at ₹-0.47 in Q3FY26, deteriorating from ₹-0.08 in Q2FY26 and falling drastically from ₹6.17 in Q3FY25.
Operating Metrics
The total expenses for Kitex Garments Ltd in Q3FY26 were ₹199.38 crores, which indicates a 29.2% increase from ₹154.28 crores in Q2FY26. On a year-over-year basis, expenses decreased by 13.0% from ₹229.11 crores in Q3FY25. This indicates a reduction in operating costs compared to the same quarter last year, despite the increase from the previous quarter. The significant increase in expenditures QoQ and the decrease in income YoY have contributed to the negative profitability metrics observed in this quarter.