During the first nine months of the current financial year, KPR’s revenues increased by eleven per cent. Out of its total revenue, domestic sales contribute 59 per cent and exports 41 per cent. Total production increased by 15.84 per cent.

KPR Mills, based in Coimbatore, has increased its capacity to 115 million garments a year. It has emerged as one of the largest vertically integrated textile players with a presence across the entire value chain, from fiber to fashion. It is one of the largest knitted garment manufacturers in the country.

Its entire yarn capacity has been upgraded to value-added yarn (compact, melange, color melange, PC, slub and grindle yarn). Currently 19 per cent of the yarn produced is consumed captively to manufacture value-added products. Yarn sales contribute around 45 per cent to total revenue.

In fabric production, currently 60 per cent of the production is used for captive consumption to manufacture value-added products. The rest is sold to knitted apparel export manufacturers. Currently fabric sales contribute to five per cent of total revenues.

Key export markets of the company include Europe, Australia and the US. The company has set up a facility in Ethiopia with an annual capacity of ten million garments.