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    HomeNewsBusinessEarningsTrying to balance all quarters; GST impacted profits: Kitex Garments

    Trying to balance all quarters; GST impacted profits: Kitex Garments

    Kitex Garments saw a big jump in sales and the bottomline as the base quarter numbers were low but margins saw a slight contraction. In an interview to CNBC-TV18, Sabu Jacob, CMD, Kitex Garments spoke about the results and his outlook for the company.

    CNBC-TV18
    November 06, 2017 / 12:05 IST

    Kitex Garments saw a big jump in sales and the bottomline as the base quarter numbers were low but margins saw a slight contraction.

    In an interview to CNBC-TV18, Sabu Jacob, CMD, Kitex Garments spoke about the results and his outlook for the company.

    Q4 is our peak but this year we are trying to balance all the quarters, he said.

    On goods and services tax (GST), he added, I don’t think we will be able to get the input on the GST so that has impacted our profits also.

    For full interview, watch accompanying video...

    CNBC-TV18
    first published: Nov 6, 2017 12:05 pm

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