5212482025-01-012025-03-315212482025-03-315212482024-03-315212482024-04-012025-03-315212482025-01-012025-03-31in-capmkt:OtherExpenses1Member5212482025-01-012025-03-31in-capmkt:OtherExpenses2Member5212482025-01-012025-03-31in-capmkt:OtherExpenses3Member5212482025-01-012025-03-31in-capmkt:OtherExpenses4Member5212482025-01-012025-03-31in-capmkt:OtherExpenses5Member5212482024-04-012025-03-31in-capmkt:OtherExpenses1Member5212482024-04-012025-03-31in-capmkt:OtherExpenses2Member5212482024-04-012025-03-31in-capmkt:OtherExpenses3Member5212482024-04-012025-03-31in-capmkt:OtherExpenses4Member5212482024-04-012025-03-31in-capmkt:OtherExpenses5Member5212482025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15212482025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25212482024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15212482024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25212482025-01-012025-03-31AuditorDomain15212482025-01-012025-03-31in-capmkt:AuditedMember5212482025-03-31in-capmkt:AuditedMember5212482025-01-012025-03-31in-capmkt:AdjustedMember5212482025-03-31in-capmkt:AdjustedMember5212482025-01-012025-03-31AuditQualification1iso4217:INRiso4217:INRxbrli:shares521248KITEXNOTLISTEDINE602G01020KITEX GARMENTS LIMITEDMain BoardEquity2024-04-012025-03-312025-05-292025-05-20INRLakhsQuarterlyFourth quarterSingle segmentManufacturing of Garments2025-05-2915:00:002025-05-2918:30:00trueCash Flow IndirectStatement on impact of audit qualification2025-01-012025-03-31AuditedConsolidated300169500046842000304853700014039730000123995000397375000497840003158000056499300025717000004768370000476837000185069000-2639400015867500003181620000000318162000-3430000314732000330465000-12302000327034000-1230200019950000011.661.66001.661.662024-04-012025-03-31AuditedConsolidated98280460001854110001001345700043924140000-167952000158621800014017200015745000020097330008118035000189542200001895422000606569000-686070005379620000135746000000001357460000-354300013539170001387327000-298670001383784000-298670001995000001101304000006.956.95006.956.95Processing Charges194318000Consumption of Stores and Spares44050000Power, Fuel, Water and Gas101298000Repairs and Maintenance26582000Others198745000Processing Charges673127000Consumption of Stores and Spares165221000Power, Fuel, Water and Gas395641000Repairs and Maintenance105346000Others670398000231732800013912786000016500067300001117430001124160006860500022127210001862402100019066130000339535200039396600028302800003279060004400252000935295000724216000025866181000199500000101304000001032990000017678270001209772700091999080009199908000116896000158530400010902108000162506000037789000735910000773699000631620002461921000633970004543100029559700028663460001376845400025866181000140172000-253999000-140014100000000045511600000015745000000000-443850000211640000-497000000-9340001200000000-8528550001042567000000499731000054283600000000000298600050514960000-5735400000000000000000000170870000-88811000-45466940000000000041326320000099932000130496000003902204000-101654000-2506000-104160000498126000393966000Remeasurements of post employment benefit obligations-4536000Fair value changes on equity instruments carried through other comprehensive income-47000-4583000Remeasurements of post employment benefit obligations-4536000Fair value changes on equity instruments carried through other comprehensive income-198000-4734000-1153000-1191000-3430000-3543000AuditedQualified opinionM/s MSKA & Associatestrue2027-07-31100134570001001345700081180350008118035000135746000013574600006.956.95258661800002586618000013768454000137684540001209772700012097727000The Group has an investment in Kitex USA LLC, an Associate Company amounting to Rs 2,776.24 lakhs (March 31,2024: Rs 2,776.24 lakhs), which has been written off in consolidated financial results due to recognition of Groups share of loss of associate to extent of investment. The Group also, has trade receivables from Associate amounting to Rs. 12,277.57 lakhs as at March 31, 2025 (March 31, 2024: Rs. 10,225.12 lakhs) which is considered good and recoverable by management of Holding Company based on future projected cash flows considering the proposed changes in the business plan, forecasted future revenue growth and increased margin contributions. For the year ended March 31, 2025, the management of the Holding Company has not been able to provide corroborative evidence to substantiate the reasonableness of the abovementioned unobservable inputs. Accordingly, we are unable to comment on the recoverability of the trade receivable balances from Kitex USA, LLC as at March 31, 2025. (Refer Note 6 to the consolidated financial results).Qualified opinionWhether appeared first timeNANAThe management of the Company considers the trade receivables from the Associate to be good and recoverable based on the evaluation of the future projected cash flows which considers the proposed changes in the business plan, forecasted revenue growth, increased margin contributions etc.No further commentsNABoby MichaelC P PhiliposeGeetha JeyakumarSindhu Chandrasekharan (Whole-Time Director)Kizhakkambalam2025-05-29