Kewal Kiran Clothing Limited

rs,

ober 21, 2022 To, The BSE Limited First Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street. Mumbai-400 001 Dear Sir/Madam, National Stock Exchange of India Limited Listing

43%

H1 FY23 Kewal Kiran Clothing Limited Q2 & H1 FY2023 Results Release (“Release”) Revenue up by 43% y-o-y in H1 FY23 at ₹ 381 crores PAT up by 71% in H1 FY23 at ₹ 60.7 crores Mumbai, October 21, 2

₹ 381 crore

lothing Limited Q2 & H1 FY2023 Results Release (“Release”) Revenue up by 43% y-o-y in H1 FY23 at ₹ 381 crores PAT up by 71% in H1 FY23 at ₹ 60.7 crores Mumbai, October 21, 2022: Kewal Kiran Clothing Limite

71%

FY2023 Results Release (“Release”) Revenue up by 43% y-o-y in H1 FY23 at ₹ 381 crores PAT up by 71% in H1 FY23 at ₹ 60.7 crores Mumbai, October 21, 2022: Kewal Kiran Clothing Limited (KKCL), one of

₹ 60.7 crore

lease (“Release”) Revenue up by 43% y-o-y in H1 FY23 at ₹ 381 crores PAT up by 71% in H1 FY23 at ₹ 60.7 crores Mumbai, October 21, 2022: Kewal Kiran Clothing Limited (KKCL), one of the few Indian Denim brand

29%

ows : Standalone Performance highlights for Q2 FY23 Revenue from Operations for Q2 FY23 grew by 29% to ₹ 226.3 crores as compared to ₹ 175.1 crores in Q2 FY22. EBIDTA for Q2 FY23 grew by 55% to ₹

₹ 226.3 crore

Standalone Performance highlights for Q2 FY23 Revenue from Operations for Q2 FY23 grew by 29% to ₹ 226.3 crores as compared to ₹ 175.1 crores in Q2 FY22. EBIDTA for Q2 FY23 grew by 55% to ₹ 50 crores as comp

₹ 175.1 crore

ghts for Q2 FY23 Revenue from Operations for Q2 FY23 grew by 29% to ₹ 226.3 crores as compared to ₹ 175.1 crores in Q2 FY22. EBIDTA for Q2 FY23 grew by 55% to ₹ 50 crores as compared to ₹ 32.3 crores in Q2 FY

55%

ew by 29% to ₹ 226.3 crores as compared to ₹ 175.1 crores in Q2 FY22. EBIDTA for Q2 FY23 grew by 55% to ₹ 50 crores as compared to ₹ 32.3 crores in Q2 FY22. EBIDTA margin for Q2 FY23 stood at 22.1% a

₹ 50 crore

9% to ₹ 226.3 crores as compared to ₹ 175.1 crores in Q2 FY22. EBIDTA for Q2 FY23 grew by 55% to ₹ 50 crores as compared to ₹ 32.3 crores in Q2 FY22. EBIDTA margin for Q2 FY23 stood at 22.1% as compared to

₹ 32.3 crore

pared to ₹ 175.1 crores in Q2 FY22. EBIDTA for Q2 FY23 grew by 55% to ₹ 50 crores as compared to ₹ 32.3 crores in Q2 FY22. EBIDTA margin for Q2 FY23 stood at 22.1% as compared to 18.4% in Q2 FY22. PBT for Q

22.1%

by 55% to ₹ 50 crores as compared to ₹ 32.3 crores in Q2 FY22. EBIDTA margin for Q2 FY23 stood at 22.1% as compared to 18.4% in Q2 FY22. PBT for Q2 FY23 grew by 48% to ₹ 52.3 crores as compared to ₹ 35

Key Financial Highlights are as follows

1

Director said

1

Key Financial Highlights are as follows

Standalone Performance highlights for Q2 FY23 Revenue from Operations for Q2 FY23 grew by 29% to ₹ 226.3 crores as compared to ₹ 175.1 crores in Q2 FY22. EBIDTA for Q2 FY23 grew by 55% to ₹ 50 crores as compared to ₹ 32.3 crores in Q2 FY22. EBIDTA margin for Q2 FY23 stood at 22.1% as compared to 18.4% in Q2 FY22. PBT for Q2 FY23 grew by 48% to ₹ 52.3 crores as compared to ₹ 35.3 crores in Q2 FY22. PBT margin for Q2 FY23 stood at 22.5% as compared to 19.5% in Q2 FY22. 1 | P a g e Particulars (₹ Cr)Q2 FY23Q2 FY22Y-O-Y% Q1 FY23H1 FY23H1 FY22Y-O-Y% FY22Revenue from Operations 226.3 175.1 29% 154.5 380.9 266.6 43% 607.6 EBIDTA 50.0 32.3 55% 29.3 79.4 40.2 97% 100.0 EBIDTA Margin 22.1%18.4%19.0%20.8%15.1%16.5%Profit before Tax 52.3 35.3 48% 26.2 78.5 44.0 79% 105.3 PBT Margin22.5%19.5%17.0%20.3%15.9%16.9%PAT 39.1 27.0 45% 21.6 60.7 35.6 71% 81.6 PAT Margin 16.9%14.9%14.0%15.7%12.9%13.1%EBIDTA (₹ Cr)PAT (₹ Cr)Revenue from Operation (₹ Cr)226 175 381 267 Q2 FY23Q2 FY22H1 FY23H1 FY2250 32 79 40

Director said

“We are very delighted with our all-round performance especially our revenue growth while improving profitability. For manufacturers and brand owners, the early onset of festive season has led to increase in primary sales during the quarter. We have seen strong recovery in demand across our verticals. Our Trade Show for Spring Summer 2023 was well attended and we have seen good bookings for our existing product categories as well as new launches including Athleisure. Despite the inherent challenges on account of cotton price fluctuations, our Company has delivered a noteworthy performance on various fronts including revenue and improved profitability. We are on right track to achieve healthy growth during H2 FY2023 and also years to come. 2 | P a g e Results Release – Q2 & H1 FY23 With a strong balance sheet and strong foundation, we at KKCL are well-prepared to make the best of the available opportunities, by catering to both the visible and latent needs of consumers. With our clear p