Summary of Key Information:

Reporting Period: Quarter and Financial Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015

Audit Opinion:

Standalone Financial Results: Qualified Opinion

Consolidated Financial Results: Unmodified Opinion

Key Financial Highlights [Rupees in lakhs]:

Standalone Results:

Revenue from Operations (FY26): ₹59,169.06 lakhs (compared to ₹98,280.46 lakhs in FY25)

Total Income (FY26): ₹63,660.93 lakhs

Net Profit (FY26): ₹5,689.08 lakhs (₹56.89 crore)

EPS (FY26): ₹2.85

Other Equity (FY26): ₹113,352.32 lakhs

Cash and Cash Equivalents (March 31, 2026): ₹9,810.40 lakhs

Debt (Borrowings - March 31, 2026): ₹4,469.36 lakhs (Non-current) + ₹16,404.24 lakhs (Current) = ₹20,873.60 lakhs

Consolidated Results:

Revenue from Operations (FY26): ₹66,694.89 lakhs

Total Income (FY26): ₹71,928.15 lakhs

Net Loss (FY26): ₹(1,320.59) lakhs (₹13.21 crore loss)

EPS (FY26): ₹(0.30)

Other Equity (FY26): ₹100,987.63 lakhs

Cash and Cash Equivalents (March 31, 2026): ₹11,438.93 lakhs

Debt (Borrowings - March 31, 2026): ₹98,057.82 lakhs (Non-current) + ₹21,879.89 lakhs (Current) = ₹119,937.71 lakhs

Segment-wise Performance:

The Company operates in a single business segment: Textile Infant/Kids Apparel Manufacturing

Corporate Actions:

Recommended a final dividend of ₹0.50 per equity share (50% on face value of Re.1/- each) for FY26, subject to shareholder approval at the ensuing Annual General Meeting

Other Significant Information:

  • The Company holds investment in Associate Kitex USA LLC amounting to ₹2,776.24 lakhs
  • The associate's net worth has been fully eroded as on March 31, 2026
  • Management believes fair value of investment is higher than carrying value based on forecasted future revenue growth and projected cash flows
  • New Labour Codes implementation assessed with no material impact identified

Entities Included in Consolidation:

Subsidiaries: Kitex Apparel Parks Limited, Kitex Babywear Limited, Kitex Kidswear Limited, Kitex Knits Limited, Kitex Littlewear Limited, Kitex Packs Limited, Kitex Socks Limited

Associate: Kitex USA LLC (not consolidated as share of profit not recognized due to accumulated losses)