*Kitex Garments Ltd.* | *CMP* Rs. 173 | *M Cap* Rs. 1150 Cr | *52 W H/L* 224/91
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 178.1 Cr (15.8% QoQ, 33.7% YoY) vs QoQ Rs. 153.8 Cr, YoY Rs. 133.2 Cr
EBIDTA came at Rs. 38.1 Cr (34.9% QoQ, 35.9% YoY) vs QoQ Rs. 28.2 Cr, YoY Rs. 28 Cr
EBITDA Margin came at 21.4% vs QoQ 18.4%, YoY 21%
Adj. PAT came at Rs. 25.7 Cr vs QoQ Rs. 20.5 Cr, YoY Rs. 17.8 Cr
Quarter EPS is Rs. 3.9
Share is trading at P/E of 16.4x TTM EPS