Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations
Audit Opinion:
Qualified Opinion - Exception regarding investment in associate company Kitex USA LLC
Key Financial Highlights [Rupees in lakhs]:
Standalone Results:
Revenue from Operations: ₹12,101.08 (Q1 FY27) vs ₹19,669.19 (Q1 FY26) - Down 38.5% YoY
Total Income: ₹12,895.74 (Q1 FY27) vs ₹20,131.18 (Q1 FY26)
Net Profit: ₹1,115.90 (Q1 FY27) vs ₹2,605.08 (Q1 FY26) - Down 57.2% YoY
EPS: ₹0.56 (Basic and Diluted) vs ₹1.31 (Q1 FY26)
Other Equity: ₹113,352.32 (as of March 31, 2026)
Consolidated Results:
Revenue from Operations: ₹15,842.50 (Q1 FY27) vs ₹19,669.19 (Q1 FY26) - Down 19.5% YoY
Total Income: ₹16,606.98 (Q1 FY27) vs ₹19,741.67 (Q1 FY26)
Net Loss: ₹(1,712.05) (Q1 FY27) vs Net Profit ₹1,930.34 (Q1 FY26)
EPS: ₹(0.44) (Basic and Diluted) vs ₹0.97 (Q1 FY26)
Other Equity: ₹100,087.63 (as of March 31, 2026)
Segment-wise Performance:
Single business segment: Textile Infant/Kids Apparel Manufacturing
No separate segment reporting applicable
Corporate Actions:
Board approved raising funds up to ₹3,000 Crores through:
- Equity shares, non-convertible debentures with warrants
- Other eligible securities convertible into equity shares
- Qualified Institutional Placement (QIP) or other permissible modes
- One or more tranches
Subject to shareholder and regulatory approvals
Entities in Consolidation:
Subsidiaries:
- Kitex Littlewear Limited (Wholly owned)
- Kitex Babywear Limited (Wholly owned)
- Kitex Kidswear Limited (Wholly owned)
- Kitex Knits Limited (Wholly owned)
- Kitex Packs Limited (Wholly owned)
- Kitex Socks Limited (Wholly owned)
- Kitex Apparel Parks Limited (Subsidiary)
Associate:
- Kitex USA LLC (Investment ₹2,776.24 lakhs, share of loss not considered as exceeded cost of investment)
Other Significant Information:
Six subsidiaries not subjected to review showed total net loss of ₹(226.83) lakhs for Q1 FY27
Company operates in single business segment of Textile Infant/Kids Apparel Manufacturing
Previous periods' figures have been regrouped/reclassified where necessary