Kitex Garments share price skyrocketed 16% in Monday's trading session after the company reported strong set of numbers during the July-September quarter for the financial year 2026-27.
Kitex Garments shares opened at ₹126 apiece on NSE today, as compared to previous close of ₹115.77 on Monday and touched an intraday high of ₹137.09 on 3 November.
Kitex Garments reported a strong financial performance in Q2 FY27, with revenue from operations rising 66% year-on-year (YoY) to ₹203 crore, compared to ₹122 crore in Q2 FY26.
On a sequential basis, revenue increased 28% from ₹158 crore in Q1 FY27, indicating sustained growth in the company's business performance.
The company's operating performance also witnessed a significant improvement during the quarter. EBITDA surged to ₹45 crore in Q2 FY27, compared to an operating loss of ₹16 crore in the corresponding quarter last year. Consequently, the operating profit margin (OPM) expanded sharply to 22.2% from -13.1% in Q2 FY26.