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Garments & Apparels
Quarterly Result13 Aug 2025, 05:12 pm

Kitex Garments Ltd Reports 3.3% Revenue Growth in Q1 FY 25-26, Launches US Babywear Brand in India

AI Summary

Kitex Garments Ltd has reported a 3.3% growth in total income for the quarter ended June 30, 2025. The company's EBITDA and Profit After Tax stand at 41.63 Crores and 26.05 Crores respectively. The growth was observed despite the industry slowdown due to uncertainties and tariff revisions in the US market. Kitex Garments is combating this by developing alternate markets, including India. The company has made a significant move by launching its US babywear brand ‘Little Star’ in the Indian market, aiming to generate an additional revenue of 1,000 Crores over the next 2-3 years. The associate company, Kitex USA LLC, has repatriated USD worth approximately 80 Crores against pending receivables and is expected to realize the remaining balance of approximately 17 Crores by the end of Sep 2025. Kitex USA LLC reported a profit of 8 lakhs USD during the financial year 2024-25.

Key Highlights

  • Revenue growth of 3.3% in Q1 FY 25-26
  • Launch of US babywear brand ‘Little Star’ in the Indian market
  • Aim to generate an additional revenue of 1,000 Crores over the next 2-3 years
  • Repatriation of USD worth approximately 80 Crores by Kitex USA LLC
  • Expected realization of remaining balance of approximately 17 Crores by Kitex USA LLC by Sep 2025
KITEX
Garments & Apparels
KITEX GARMENTS LTD.

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