New Delhi, Feb. 13 -- KG Denim declared their Q3 results on 11 Feb, 2025, revealing a significant downturn in performance. The company's topline saw a staggering decrease of 80.46% year-over-year, resulting in a loss of Rs.9.92 crore. Revenue for the quarter stood at Rs.12.91 crore.

In comparison to the previous quarter, KG Denim's revenue declined by 14.16%, but there was a slight improvement in losses, which decreased by 18.02%. The Selling, General & Administrative expenses also showed a decline, down by 13.46% quarter-on-quarter and 43.64% year-over-year.

Despite the decline in revenue, the operating income was reported to be up by 28.55% quarter-on-quarter, although it decreased by a staggering 667.8% year-over-year. The Earnings P...