K.P.R. Mill Limited Reports Earnings Results for the Third Quarter Ended December 31, 2018
January 28, 2019 at 01:42 pm IST
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K.P.R. Mill Limited announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was INR 7,787.500 million compared to INR 7,186.000 million a year ago. Net income was INR 841.100 million compared to INR 706.800 million a year ago. Basic earnings per share was INR 11.59 compared to INR 9.56 a year ago. For the nine months, total revenue was INR 24,603.300 million compared to INR 22,158.200 million a year ago. Net income was INR 2,489.300 million compared to INR 2,172.700 million a year ago. Basic earnings per share was INR 34.28 compared to INR 29.4 a year ago.
K.P.R. Mill Limited is an India-based textile company. The Company is engaged in the business of yarn, fabrics, garments, green power, sugar and ethanol. The Company's segments include textile, sugar and others. It produces yarns in a comprehensive range and varieties like compact yarn, combed yarn, carded yarn, melange yarn, polyester cotton, viscose yarn, grindel yarn and red label yarn. Its fabric products include the entire range of single jersey (also with lycra/spandex), interlock, rib, two and three thread fleece, pique polo, flat bed collar are key products. The Company provides a range of inner wear and athleisure wear for the Indian market under the brand name FASO. It provides men's wear and women's wear. It provides various garment types, such as casual wear, sportswear, active wear, sleep wear and work wear. It has a capacity to produce approximately 1,00,000 metric tons (MT) of cotton yarn; 4,000 MT Viscose vortex yarn per annum; 40,000 MT fabrics per annum, and others.