Kitex Garments Q2 Profit Nearly Triples to ₹239.94 Crore on Higher Demand

Driven by a surge in demand and favorable global market conditions, Kitex Garments has reported its highest-ever turnover and profitability. The net profit of the Kochi-based company, the world’s second-largest manufacturer of infant garments, has reached ₹239.94 crore in Q2 of FY25, nearly tripling from ₹13.21 crore in the corresponding period of the previous fiscal. This resulted in a PAT margin of 18.08 per cent, up from 9.47 per cent in the same quarter of the previous fiscal year. The financial performance for the quarter reflects strong growth, with total revenue standing at ₹220.91 crore, a 58 per cent increase from ₹3139.48 crore in the same period last year. EBITDA margin improved to 27.68 per cent in Q2 FY24-25, compared to 18.25 per cent in the previous year’s Q2.