Kewal Kiran year on year sales up two per cent

For the third quarter of financial year 2017 Kewal Kiran Clothing’s total sales saw a 36.58 per cent sequential decline and a 2.4 per cent year on year increase. Operating profit for the quarter was Rs 10.15 crores and the EBIT margin stood at 10.3 per cent. The company reported PAT of Rs 9.27 crores, which represents a sequential quarter on quarter decline of 68.59 per cent and a year on year decline of 13.12 per cent.