Kitex Garments standalone Q1 PAT up 11.2% at Rs 14.44 cr 09/07/2014

Kitex Garments standalone Q1 PAT up 11.2% at Rs 14.44 cr
09/07/2014 17:58
Textile major, Kitex Garments Ltd on Wednesday has reported a rise of 11.2 per cent in its net profit after taxes (PAT) at Rs 14.44 crore for the first quarter ended June 30, 2014. “The standalone PAT of the company stood at Rs 12.98 crore during the same period a year ago,” said Kitex Garments Ltd in a filing to the Bombay Stock Exchange on July 09, 2014. Further, the standalone total income of the company rose by 2.3 per cent to Rs 102.76 crore during Q1 2014-15, as compared to Rs 100.49 crore during the same period last year. Despite of strong earnings, shares of the company closed at Rs 234.50 a piece, down 15.13 per cent, from previous close on BSE.