For the fiscal ending March 31st, 2025, net profit stood at Rs37.8 crore which grew strongly from last year’s losses of Rs11 crore in FY24. The company posted revenue of Rs665.9 crore which grew by 9.3% yoy in the same duration.
Shailesh Chaturvedi, managing director and CEO, said in the earnings statement, “FY25 results reflect sharp execution of company’s strategic plans and consistent financial performance across the brands leading to an improvement in all KPIs, while demand environment remained muted. Our mantra of profitable growth has helped in achieving the milestone of ROCE (return on capital employed) crossing 20%.”
The company posted profits this year driven by increased focus on adjacent categories such as womenswear, and innerwear. The company also focussed on lower discounting with a higher revenue mix at 42% and achieved 15% growth in retail channel on a year on year basis.
Chaturvedi also mentioned that the company plans to focus on online presence and expansion in the coming future.