KPR Mill shares slid 0.4% to ₹1,034.9 on NSE at 12.40 pm, even as Q2 earnings painted a bullish picture—an odd mix that caught many traders off guard.
The company’s net profit leapt to ₹345 crore from ₹218 crore year‑on‑year, a 58.2% surge that eclipses the 52% consensus estimate. Revenue from operations climbed 19% to ₹1,940 crore, up from ₹1,632 crore a year earlier, while EBITDA rose 59% to ₹498 crore, pushing the margin to 25.7% from 19.2% last year.
Comparing to the textile sector, KPR Mill’s margin expansion outpaces the industry average of 22% and outstrips its main peer, Rayon Mills, which reported a 20% margin last quarter. Analysts note that the company’s cost‑control measures and higher pricing power have driven the upside.
Looking ahead, management hinted at a modest uptick in operating expenses due to planned capital expenditure, but reaffirmed that EBITDA margin will stay above 25% through Q3. The next earnings call is scheduled for November 12, after which investors will gauge the durability of this momentum.