KG Denim Q2 profit down to Rs 3.31 crore

KG Denim registered net sales/income from operations

of Rs 160.37 crores for the quarter ended September 30, 2013 as against Rs 135.11 crores for the quarter ended September 30, 2012. The net loss was at Rs 3.31 crores for this quarter as against Rs 5.58 crores for the quarter ended September 30, 2012. The company has reported an EPS of Rs 1.29 for the quarter as compared to Rs 2.17 for the quarter ended September 30, 2012.

K G Denim has reported net sales/income from operations of Rs 299.71 crores for the half-year ended September 30, 2013 as against Rs 249.83 crores for the half-year ended September 30, 2012. The net profit/loss was at Rs 6.94 crores for the half-year against Rs 7.63 crore for the half-year ended September 30, 2012. The company has reported an EPS of Rs 2.70 for the half-year ended September 30, 2013 as compared to Rs 2.97 for the half-year ended September 30, 2012.

K G Denim is a premier denim and apparel fabric manufacturer, catering to leading fashion brands and retailers worldwide. It has two wholly owned subsidiaries Trigger Apparels and K G Denim (USA). Trigger Apparels markets Trigger branded garments in the domestic market.