×
249
Fashion Jobs
TALENSETU SERVICES PRIVATE LIMITED
Production Manager
Permanent · Jeddah
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Jamui / Jehanabad/Nawada
Permanent · Jahanabad
STERLING MANUFACTURING COMPANY
Area Sales Manager Electrical Goods, Home Appliance All Over India
Permanent · Ranchi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Uttarakhand)
Permanent · Uttarkashi
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager - Jharkhand (Only Males)
Permanent · Ranchi
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Vaishali/ Khagaria/ Begusarai
Permanent · Begusarai
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (mp) All District
Permanent · Bhopal
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager - Jharkhand (Only Males)
Permanent · Deoghar
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Saran/ Madhubani/Saharsa
Permanent · Saharsa
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Rajasthan) All District
Permanent · Udaipur
GLOBAL TEXTILES ALLIANCE INDIA PVT LTD
Manager - Production Knitting
Permanent · Coimbatore
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Banka/ Kaimur/Patna
Permanent · Ottawa
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Bihar All District)
Permanent · Katihar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Ranchi
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager - Kanpur / Mirzapur / Allahabad
Permanent · Prayagraj
MEDLEY PHARMACEUTICALS LTD
District Sales Manager(Asm) - Chennai
Permanent · Chennai
MUMBAI ROZGAAR PRIVATE LIMITED
Hiring For Sales Manager in Edutech Company- (Gurgaon/Gurugram)
Permanent · Gurugram
GANGAR OPTICIANS PVT. LTD.
Opening For Area Manager(From Opticals) For Central Mumbai
Permanent · Mumbai
DR. JRK'S RESEARCH AND PHARMACEUTICALS PVT LTD.
Area Sales Manager (Pharma Experience is Must) - Jaipur
Permanent · Jaipur
ELICO MECHOPTRONIX PVT LTD
Requirement For Manager/sr. Manager - Operations (Mechanical)
Permanent · Hyderabad
MEDLEY PHARMACEUTICALS LTD
District Sales Manager(Asm) - Davangere
Permanent · Davanagere
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager-Gaya/ Munger/Sheikhpura
Permanent · Gaya
Published
Feb 12, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Kitex Garments Q3 net profit declines 56 percent to Rs 16 crore

Published
Feb 12, 2021

Kitex Garments Limited’s net profit for the third quarter ended December 2020 declined 56 percent to Rs 16 crore ($2.2 million), as against Rs 35 crore it reported in the corresponding period of the previous year.
 

Kitex Garments Q3 net profit declines 56 percent to Rs 16 crore - Kitex - Facebook


The company’s revenue for the quarter under review was down by 52 percent to Rs 121 crore, as against Rs 251 crore during the previous quarter ended December 2019.
 
Kitex Garments EBITDA for the quarter was down 50 percent to Rs 30 crore, as against Rs 61 crore in December 2019.

“The Covid-19 pandemic and lockdown impacted normal operations by way of interruption in production, supply chain disruption, and customer order deferrals,” Kitex Garments said in a statement.

Kitex Garments had faced a loss of around Rs 55 crore this year, due to the total lockdown in the country, which affected the company’s production.
 
The company remains optimistic about the future and plans to make investments of over a $100 million to boost its growth going forward.
 
Kerala-based Kitex Garments, the third-largest infant garment brand in the world at present, is planning to grab the top spot by 2025. The company also engages in contract manufacturing for private labels such as Jockey, Carter, Babies R Us, Gerber, and Mothercare.

Copyright © 2021 FashionNetwork.com All rights reserved.