Kitex Garments Limited has announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors, during their meeting on November 02, 2026, also reviewed the Statement of Assets and Liabilities and Cash Flow Statement. The limited review report from the statutory auditor has been enclosed with the results.
Board Approves Financial Results
The Board of Directors of Kitex Garments Limited convened on Monday, November 02, 2026, to consider and approve key financial statements. The meeting, which commenced at 3:30 PM and concluded at 5:00 PM, saw the sanctioning of the unaudited standalone and consolidated financial results for the quarter and half-year period ending September 30, 2026. This includes the Statement of Assets and Liabilities and the Cash Flow Statement for the same period.
Auditor’s Review Included
In line with regulatory requirements, the company has also included the Limited Review Report issued by the Statutory Auditor of Kitex Garments Limited. These financial results and accompanying reports have been prepared and presented in compliance with Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Key Investment Details
The accompanying auditor’s report from MSKA & Associates LLP highlights a qualified conclusion regarding the recoverability of the carrying value of the investment in Kitex USA, LLC, amounting to ₹2,776.24 lakhs as at September 30, 2026. The associate entity has incurred continuous losses and its net worth has been fully eroded.
The company’s standalone financial results for the quarter and half-year ended September 30, 2026, show a Net Profit of ₹2,502.84 lakhs and ₹2,502.84 lakhs respectively. Consolidated figures indicate a Net Profit of ₹1,370.60 lakhs for the quarter and ₹1,370.60 lakhs for the half-year.
Source: BSE
