Kewal Kiran Clothing Ltd (KKCL) reported a 25 per cent drop in net profit to Rs. 25 crore for the first quarter of FY 2025, compared to Rs. 34 crore in the same quarter last year. The company’s revenue for the quarter declined by 15 per cent, falling to Rs. 151 crore from Rs. 178 crore in the corresponding period of the previous fiscal year.
Kewalchand Jain, Chairman and Managing Director of KKCL, commented, “FY 2025 began with significant progress on our strategic initiatives, including the acquisition of a 50 per cent stake in Kraus, a company specializing in casual women’s clothing. With Kraus and the newly launched Junior Killer now part of our established brand portfolio, we are well-positioned to transform into a brand powerhouse catering to all ages and genders.”
He added, “Q1 FY ’25 posed challenges due to external factors, which impacted sales, but we remained resilient and laid the foundation for future growth. We continue to expand our national presence with brand-led exclusive brand outlets (EBOs), further enhancing our visibility.”
KKCL is one of India’s largest branded apparel companies, with a portfolio that includes brands like Killer, Integriti, Lawman Easies, Junior Killer, and Kraus.
