Repro News and Updates

Publishing company Repro India announced Q1FY24 results: Consolidated Q1FY24 revenue of ~ Rs 120 crore, YoY growth of 13%. Digital biz vertical Q1FY24 revenue of ~ Rs 66 crore, YoY growth of 31%, and revenue share of 55%. Healthy YoY growth in all key indicators continues. Digital Books per day average of ~ 33k in Q1FY24 vs 24k in Q1FY23, a growth of 36%. Publishers onboarded: YoY growth of 35%. Gross margins for Q1FY24 of 44% vs 43.9 % in Q1FY23 Q1FY24 EBITDA of ~ Rs 13 crore vs ~Rs 8.9 crore in Q1FY23, YoY growth of 46% Q1FY24 EBITDA margin of ~ 10.9% vs 8.4% in Q1FY23. Q1FY24 PAT of Rs 3.04 crore vs Rs 0.18 crore in Q1FY23 Channel partnerships – Strategic joint business plan closed with Amazon & Flipkart for FY24, on track for continued growth 16 new publishers onboarded on the Repro platform: Exclusive POD partnership with Disney (1st in the World) for the young adult catalog Increased traction with MNC publishers – Penguin, Harper Collins, Bloomsbury Innovative models – weekly flash sales on Flipkart with a growing base of Youtube influencers Onboarded a fast-growing tech-enabled platform for Children’s self-publishing – Bri books Technology investments in the quarter: Data platform – analytics & intelligence, predictive sales & forecasting, automated price interventions on channels. This will lead to higher content monetization of our digital repository due to higher buy box wins on e-commerce channels. Result PDF

30.89% Fall from 52W High

Repro News and Updates

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