KPR Mills report 27.92% increase in sales revenue
KPR mills, a reputed textile industry located in Coimbatore, reported a 27.92% increase in sales revenue for the quarter of March 2021 and also reported higher revenues and production capacity for the same period.
Coimbatore,
Tamil Nadu
KPR Mills reported a
sales revenue of Rs 11.17 billion, an increase of 27.92% year on year growth
for the March 2021 quarter. The company also registered an increase in
production capacity by 14.74% for this quarter. Production increased from 23.06
million to 26.46 million pieces.
In addition, the
company has also invested in the expansion of
its garment factory and a sugar-cum-ethanol plant. The Profit After Tax
(PAT) more than doubled for the March 2021 quarter when compared to last year
and increased by 130.1%.
The net margins also
increased to 16.65% when compared to 9.26% in 2020.
Source: India Infoline
Image Source: KPRmills
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