Kewal Kiran has posted a Q4 net profit of Rs 3.2 crore in FY07 as compared to Rs 3.96 crore, YoY. It's Q4 net sales stood at Rs 30.6 crore as against Rs 25.1 crore on a YoY basis.
Nikesh Jain, CFO at Kewal Kiran Clothing, said an aggressive advertising spend resulted in a sqeeze in margins. Going forward, they will maintain selling and distribution margins in the range of 12-14%. Their focus in the current year will be on retail expansion.
Thursday, May 17, 2007
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