KPR Mill registered a mixed performance in Q4, FY24 as its topline revenue decreased notably but profitability increased marginally year-over-year

The company's total revenue declined by 12.9 per cent Y-o-Y to Rs 1696.72 crore during Q4 from Rs 1,949.66 crore in the corresponding quarter previous fiscal. However, on a Q-o-Q basis, the company’s revenue grew by 36.69 per cent to Rs 1,241.31 crore from the previous quarter.

KPR Mill’s net income increased by 1.94 per cent Y-o-Y to Rs 213.61 crore from Rs 209.55 crore in the previous fiscal. On a Q-o-Q basis, the company profit rose substantially by 14.19 cent from Rs 187.06 crore.

Selling, general, and administrative expenses decreased by 0.88 per cent Q-o-Q to Rs 152.24 crore but increased by 6.56 per cent Y-o-Y from Rs 142.87 crore.

The company’s operating income rose by 28.16 per cent Q-o-Q to Rs 285.71 crore from Rs 222.94 crore and by 4.2 per cent Y-o-Y from Rs 274.2 crore.