The company reported a 66.29% year-on-year increase in net sales to Rs 203.04 crore in Q2 FY27 from Rs 122.10 crore. Sequentially, sales increased 28.16% from Rs 158.43 crore in Q1 FY27.

Pre-tax profit stood at Rs 22.16 crore in Q2 FY27, compared with a pre-tax loss of Rs 2.30 crore in the year-ago quarter and a pre-tax loss of Rs 13.35 crore in the previous quarter.

Total expenditure increased 20.90% year on year to Rs 176.57 crore from Rs 146.05 crore. Raw material consumed rose 63.10% to Rs 110.53 crore, while employee expenses increased 7.73% to Rs 45.04 crore. Interest costs rose 71.12% to Rs 14.10 crore, and depreciation increased 132.08% to Rs 18.52 crore.

Consolidated net cash used in operating activities stood at Rs 28.76 crore in H1 FY27, compared with net cash generated of Rs 215.33 crore in H1 FY26.

Kitex Garments exports cotton and organic cotton garments especially infant wear to US and European markets.