Kewal Kiran Clothing’s EBITDA Surges 34% In Q3 FY26

Kewal Kiran Clothing Ltd reported strong third-quarter results for FY26, with EBITDA rising 34.2 per cent year-on-year to Rs 63 crore, reflecting improved operating efficiencies and retail expansion.

Consolidated revenue from operations in Q3 FY26 increased 18 per cent to Rs 301.1 crore, compared with Rs 255.2 crore a year earlier. Gross profit rose 24.1 per cent to Rs 131.1 crore, taking gross margin to 43.5 per cent. EBITDA margin expanded to 20.9 per cent, exceeding guidance, while profit after tax (PAT) surged 45.3 per cent to Rs 37.9 crore, with PAT margin at 12.5 per cent.

For the nine months ended December 31, 2025, revenue grew 24.4 per cent to Rs 889 crore. EBITDA rose 26.8 per cent to Rs 175.5 crore, with margin at 19.7 per cent. PAT stood at Rs 117.2 crore, slightly lower than last year due to one-time gains recorded in FY25.

During the quarter, the company added a net 14 exclusive brand outlets, taking its total store count to 666, alongside a presence in over 3,000 multi-brand outlets. The board declared an interim dividend of Rs 2 per equity share. Management said continued brand investments and distribution expansion are expected to sustain growth momentum.