Khadim India reports decline in PAT

Khadim India standalone revenue for the quarter came in at Rs. 226.4 crore, registering an increase of 30.7 per cent YoY.  

Its EBITDA for the quarter fell by 11.5 per cent YoY to Rs 18.673 crore with a corresponding margin contraction of 393 bps. The EBITDA margin for the quarter stood at 8.2 per cent. This margin contraction was led by increase in cost of materials in proportion to revenue.

The PAT for the quarter came in at Rs. 8.5 crore, a decline of 25.4 per cent YoY.  
  
Khadim India is a footwear retail company. It is mainly involved in the business of manufacturing and retailing of footwear, leather accessories and other lifestyle products.  
  
The stock of Khadim India in Friday’s trading session remained flat and closed for the day at Rs. 596.40, marginally up from the previous close of Rs. 595.70.