Kitex Garments witnessed a 53 percent decline in its net profit for the fourth quarter ended March 2021 to Rs 8 crore ($1.1 million), as against a net profit of Rs 18 crore it reported in the year-ago period.
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.
It looks like there could be big change ahead at struggling retailer Mothercare. The company's recovery isn’t happening as fast as it had expected and it seems that its UK business is moving to a franchise model
After successful Diwali sale events, Amazon India is back with another sale event catering exclusively to the kids. Amazon will organise the fifth edition of the ‘Kids Carnival’ from November 11 to 14.