trending Market Intelligence /marketintelligence/en/news-insights/trending/6TTuNG4DuKv87VAiMW_wMw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Kitex Garments profit misses consensus by 34.4% in fiscal Q1

Essential Energy Insights June 25, 2020

Belarus: Pay TV, Broadband Market Overview

Global Operators Expand Integrated Access To OTT Services

The Evolution Of Sustainable Investing Rewards


Kitex Garments profit misses consensus by 34.4% in fiscal Q1

Kitex Garments Ltd said its normalized net income for the fiscal first quarter ended June 30 was 1.98 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 3.01 rupees per share.

In the prior-year period, the per-share result was a profit of 1.98 rupees.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 131.5 million rupees, compared with 131.5 million rupees in the year-earlier period.

The normalized profit margin declined to 13.7% from 13.9% in the year-earlier period.

Total revenue climbed year over year to 961.8 million rupees from 944.1 million rupees, and total operating expenses decreased 8.2% on an annual basis to 740.2 million rupees from 806.4 million rupees.

Reported net income grew 11.3% on an annual basis to 144.4 million rupees, or 2.17 rupees per share, from 129.8 million rupees, or 1.95 rupees per share.

As of July 9, US$1 was equivalent to 59.76 Indian rupees.