Kitex Garments Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations of INR 1,099.920 million against INR 1,141.980 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 361.314 million against INR 366.389 million a year ago. Profit from ordinary activities before tax was INR 372.767 million against INR 351.845 million a year ago. Net profit for the period was INR 240.667 million or INR 5.07 per basic and diluted share before and after exceptional items against INR 231.307 million or INR 4.87 per basic and diluted share before and after exceptional items a year ago.

For the nine months, the company reported net sales/income from operations of INR 3,270.202 million against INR 3,313.316 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,004.582 million against INR 872.761 million a year ago. Profit from ordinary activities before tax was INR 1,041.462 million against INR 858.516 million a year ago. Net profit for the period was INR 671.962 million or INR 14.15 per basic and diluted share before and after exceptional items against INR 568.898 million or INR 11.98 per basic and diluted share before and after exceptional items a year ago.