KPR Mills report 27.92% increase in sales revenue

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.

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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