Other Apparels & Accessories company Go Fashion (India) announced H1FY25 results Financial Highlights: Revenue from Operations: Rs 429 crore, compared to Rs 379 crore during H1FY24 change 13% YoY. Gross Profit: Rs 268 crore, compared to Rs 231 crore during H1FY24 change 16% YoY. EBITDA: Rs 136 crore, change 12% YoY. Profit After Tax (PAT): Rs 49 crore, change 6% YoY. EBITDA Margin: 31.7% PAT Margin: 11.5% Gautam Saraogi, CEO, Go Fashion (India) said: “We have successfully sustained our growth momentum despite the ongoing challenges in the apparel retail sector. For H1FY25, our revenue grew by 13% to Rs 429 crore and our EBITDA stood at Rs 136 crore, a growth of 12%. Despite a softer demand environment, we have maintained our EBITDA Margins at 32%. This is due to an improved product mix and our high focus on maintaining operational and cost efficiency. Our full-price sales accounted for 95%, with an average selling price of Rs 742. In a challenging demand environment, this underscores strong customer loyalty and acceptance of our product and its pricing. Our brand's ability to not rely on discounting sets us apart in the industry. In H1FY25, we added a net of 41 new stores, bringing our total store count to 755. Inventory days stood at 97 days, compared to 104 days in March 2024. We anticipate stronger demand in the upcoming festive season, supported by early positive trends in footfall. For FY25, we expect inventory days to stabilize between 90-95 days. We continue to prioritize cash efficiency and have achieved a Pre-Ind AS operating cash flow of Rs 55 crore. Moving forward, our target is to convert more than 50% of our EBITDA into operating cash flows by strategically focusing on maintaining inventory days. This will further strengthen our financial position. Our strategy of positioning ourselves as the go-to brand for all categories of women's bottom wear, coupled with our focus on quality and competitive pricing, is expected to drive sustainable growth in the years to come.” Result PDF