Kewal Kiran Clothing Ltd Q3 net profit declines 26 percent to Rs 25 crore

Kewal Kiran Clothing Ltd (KKCL) reported a 26 percent decline in net profit to Rs 25 crore ($3 million) for the third quarter ended December 2024, as against Rs 33 crore in the year ago quarter.

The company’s revenue for the quarter rose by 27 percent to Rs 255 crore, as against Rs 200 crore in the corresponding quarter of the previous fiscal year.

For the 9MFY25, Kewal Kiran’s revenue rose by 12 percent to Rs 715 crore while the net profit grew by 2 percent to Rs 119 crore.

“Our comprehensive brand portfolio play in the Indian fashion industry and new initiatives have demonstrated signs of success with the inherent strength of our balance sheet. Continuing with this philosophy and with an objective to build a comprehensive portfolio we recently forayed into kids wear category making brand Killer a four-to-forever (age-group) brand,” KKCL said in its investor presentation.

KKCL owns fashion brands like Killer, Integriti, Lawman, Easies, Kraus and Junior Killer. It retails through its exclusive brand outlets, multi-brand outlets, and e-commerce marketplaces.