15%fall on weak Q3 results of Kitex Garments

Kitex Garments stock dipped 15% to Rs 246 on BSE,in otherwise firm market,as 45% Year On Year decline was reported by company for quarter ended December 2017 in its net profit at Rs 176 million,due to higher operational expenses,which rose by 3.4%(Rs.1473 million from Rs 1,424 million).It had a profit of Rs 318 million in a year ago quarter.

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15%fall on weak Q3 results of Kitex Garments

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15%fall on weak Q3 results of Kitex Garments