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KPR Mills Ltd. continued to witness encouraging demand across all its segments in Q4 FY21.
Revenue for the quarter grew 28% YoY (20% QoQ) to Rs 1117.9 crore, with textile division (80% of sales) posting 26% YoY (12% QoQ) growth, sales from sugar division inching up 50% YoY (81% QoQ).
On the back of healthy order book, sustained demand for casualwear products (where the company’s expertise lies), garment volumes jumped 12% YoY to 29.7 million pieces.
However, realisations were lower at Rs 127/piece (average realisations: Rs 150-160) on the back of unaccounted export incentive (~4-5%).
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