India's Kewal Kiran Clothing falls on lower third-quarter profit

Kewal Kiran Clothing

10/02/2025 07:48

** India's Kewal Kiran Clothing  KKCL.NS  slips as much as
5.7% to 530 rupees
    ** Company posts 26% y/y drop in Q3 profit at 246 million
rupees ($2.81 million) on jump in raw material prices
    ** Lifestyle apparel company, which operates Killer and
other brands, sees EBITDA margin contract to 18.4% from 19.4% a
year ago
    ** KKCL down 9.2% so far in 2025; fell 23.8% in 2024
    ** WhiteOak Capital AMC, Union AMC and Bank of India
Investment Managers pare stake in company in last six months,
while ICICI Prudential AMC and Bandhan AMC increase holdings -
LSEG data
    
($1 = 87.5810 Indian rupees)

 (Reporting by Vivek Kumar M)
 ((VivekKumar.M@thomsonreuters.com;))