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Kewal Kiran Q2 revenue up nine per cent

Kewal Kiran Clothing’s standalone revenue for the Q2 rose by 9.9 per cent. This was primarily driven by a 9.9 per cent year on year increase in revenue from apparel and lifestyle accessories.

Ebitda for the quarter rose by 30.7 per cent year on year with a corresponding margin expansion of 463 bps. Ebitda margin for the quarter stood at 29.2 per cent. This margin expansion was aided by a decline in selling and distribution expenses and manufacturing expenses by 26 per cent year on year and 15 per cent year on year.

PAT for the quarter showed a year on year increase of 30.3 per cent. This was partly due to an increase in other income by 8.8 per cent year on year. Kewal Kiran Clothing is a branded apparel manufacturer in India. The company designs, manufactures and markets branded jeans, semi-formal and casual wear for men and women.

Kewal Kiran’s brands are: Killer, Easies, LawmanPg3, Integriti. The cater to the middle and upper middle segments. The company was incorporated in 1981 and is based in Mumbai with consumers in Asia, the Middle East and CIS. The company’s own manufacturing and processing set up enables it to have a speedy go-to-the market production - from design to stores.

 
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