Revenue in line, but miss on EBITDA margin and PAT
* Kitex Garments’ (KTG) revenue increased 20.5% to INR1,424m (est. of INR1,394m) in 3QFY17 from INR1,181m in 3QFY16.
* Revenue of garments segment grew 19% YoY to INR1,253m, while that of fabrics (net of inter segment sales) grew 31% to INR171m.
* EBITDA grew 17% to INR486m (e