Footwear company Campus Activewear announced Q3FY25 results Revenue from operations surged by 9.1% YoY to Rs 514.9 crore in Q3FY25 attributed to distribution channel push and higher online sales. The sales volume grew by 10.0% YoY to 76.2 million pairs in Q3FY25. Campus Activewear's ASP stood at Rs 675 in Q3FY25 vis-a-vis Rs 682 in Q3FY24. EBITDA stood at Rs 85.9 crore in Q3FY25; EBITDA margin expanded by 4.4 bps YoY to 16.6% during the quarter owing to operating leverage driven by 10.0% volume growth and cost efficiencies. PAT was at Rs 46.5 crore in Q3FY25; PAT margin expanded by 3.7 bps to 9.0 % during the quarter. Campus Activewear’s CEO Mr. Nikhil Agarwal, said: The Company continued its growth momentum displayed in Q2 FY25. We achieved our highest ever quarterly revenues of Rs 514.8 crore largely attributed to our aggressive distribution drive strategy and higher online sales benefitting from the festive season, thereby navigating a challenging macro environment. Our revenues surged by 9.1% YoY in Q3FY24 led by strategic focus towards multiple initiatives for gaining market share, like reach expansion in key markets, 116% growth in sneaker category, and the new multi media marketing campaign. The Company has registered double digit growth in key states in North, Central & West. Additionally, we have made swift foray into the focused southern markets through scaling up our online presence. We have strengthened our product portfolio by launching 69 new articles during the quarter (234 during 9 months period) and new SKUs for women category, resulting in an improved product mix catering the diverse needs of the Indian families for every occasion. During the quarter, we have added 6 new stores across India, taking our total EBOs count to 290. We have embarked our presence on Zepto during the end of the quarter, thereby satiating our customers preference with prompt delivery convenience through quick commerce & our brand is also getting traction in premium large formats stores. Our gross margin for the quarter stands at 51.2% marginally lower as against 51.4% in Q3FY24, owing to the raw material price inflation. The EBITDA margin has expanded by 440 bps YoY from 12.2% to 16.6%, primarily due to Improvement in debtors & Inventory health (lower provisioning) reflecting better working capital management. Campus Activewear forged a profound and enduring engagement with its core demographic through a 360 degree 'Move Your Way' campaign, prominently showcasing our brand ambassador Vicky Kaushal, to resonate and captivate the market. During the quarter we reached out to all our consumers through a Multi-media Strategy including TV, Digital Media, Print, Outdoor & visual merchandising campaigns. We would like to share key updates in our capital expenditure journey. The capex for the sole manufacturing unit at our Gannaur facility was completed in Q3FY25. Furthermore, we anticipate the completion of our Haridwar facility, dedicated for manufacturing state of the art uppers, in Q4FY25, with commercial production projected to commence from March 25. We persist in our endeavor to maintain a competitive edge through a data-driven strategy that allows us to actively track and adapt to evolving consumer trends, preferences, and pricing dynamics, ensuring our product portfolio is consistently attuned to market needs. Result PDF