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Net Sales are expected to increase by 7.7 percent Y-o-Y (down 14.3 percent Q-o-Q) to Rs. 114 crore, according to ICICI Direct.
Net Sales are expected to increase by 13.2 percent Y-o-Y (down 29.8 percent Q-o-Q) to Rs. 106.9 crore, according to ICICI Direct.
Net Sales are expected to increase by 9.6 percent Y-o-Y (down 28.4 percent Q-o-Q) to Rs. 85.9 crore, according to ICICI Direct.
Though the company's financials have been consistently healthy, problems pertaining to sluggish revenue growth continue to persist.
Net Sales are expected to decrease by 15.1 percent Q-o-Q (up 2.2 percent Y-o-Y) to Rs 110.7 crore, according to ICICI. Kewal Kiran to report net profit at 11.4 crore down 9.9% year-on-year.
Revenue is expected to increase by 44.5 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 156.4 crore, according to ICICI Securities.
Vinay Khattar, Associate Director & Head of Research, Edelweiss Financial Services said that Q2FY15 earnings performance of Keval Kiran Clothing was a miss given the company‘s high cost increases.
Kewal Kiran Clothing hopes to maintain a revenue growth of 25-30% in the current fiscal, boosted by strong apparel sales and expansion of its retail operations.
