KPR Mill Reports Quarterly Performance, Declares Final Dividend

Image Source : KPR Mill Limited

KPR Mill Ltd has announced its financial results for the March quarter, reflecting steady revenue growth and profitability. The company reported consolidated total income of 17.8 billion rupees, supported by strong demand in the textile and apparel sector.

Financial Overview:
- Consolidated total income stood at 17.8 billion rupees, showcasing consistent business performance.
- Net profit reached 2.05 billion rupees, reinforcing the company’s financial stability and operational efficiency.
- The board has recommended a final dividend of 2.5 rupees per equity share for the financial year 2024-25, demonstrating its commitment to shareholder returns.

Market Insights:
- KPR Mill has benefited from India’s Free Trade Agreement with the United Kingdom, which eliminates duties on textile exports, enhancing competitiveness.
- The company’s stock has surged in recent trading sessions, reflecting positive investor sentiment and strong financial fundamentals.
- Analysts remain optimistic about KPR Mill’s growth trajectory, citing its efficient management and expanding market presence.

Sources:
CNBC TV18, Moneycontrol, Economic Times.