Apparels & Accessories company Dollar Industries announced Q1FY25 results: Total income of Rs 33,443 Lakh in Q1FY25, registering a growth of 1.7% YoY Gross Profit of Rs 11,887 Lakh in Q1FY25, registering a growth of 12.1% YoY. Gross Margin was at 35.6%, expanding 330 basis points YoY EBITDA of Rs 3,630 Lakh in Q1FY25, growing 30.7% YoY. EBITDA Margin was at 10.9%, expanding 241 basis points YoY PAT of Rs 1,530 Lakh in Q1FY25 against Q1FY24 PAT of Rs 1,453 Lakh, up 5.3% YoY. PAT Margin was at 4.6%, expanding 16 basis points YoY EPS stood at Rs 2.70 in Q1FY25 as against Rs 2.56 in Q1FY24 Commenting on the results, Vinod Kumar Gupta and Binay Kumar Gupta, Managing Directors, Dollar Industries said: “We are pleased to state that during Q1FY25, our Total Income stood at Rs 33,443 Lakh, an increase of 1.7% year-over-year. Gross profit in Q1FY25 grew 12.1% YoY to Rs 11,887 Lakh, and GP margin expanded by 330 bps YoY to 35.6%, whereas EBITDA grew by 30.7% YoY to Rs 3,630 Lakh. EBITDA margin expanded by 241 bps YoY to 10.9%. The company achieved PAT of Rs 1,530 Lakh in Q1FY25, up by 5.3% against the same quarter of the previous year, registering a PAT margin of 4.6%. Revenue contribution from E-Commerce surged by 161.4% year-over-year, reaching 5.5%. Meanwhile, our exports business experienced a year-over-year growth of 17.5%. The company is dedicated to driving the growth and success of Project Lakshya. In Q1FY25, we onboarded 11 new distributors under this initiative, increasing its contribution to 31.1%, up from 26.3% in FY24. We aim Project Lakshya distributors to contribute 65-70% of our revenue by FY26, a target that will significantly boost our market share and improve margins. In addition, the integration of SAP's advanced technology will provide a crucial boost to the implementation of Project Lakshya. With SAP, we will have access to end-to-end data, enabling more effective and efficient execution of our strategies. Our company is experiencing robust demand and a growing share of higher-margin products in our portfolio. This positive trend, along with our strategic initiatives, positions us strongly to achieve our targeted growth in both revenue and profitability in the near future.” Result PDF