Monte Carlo Fashions announced Q3FY23 results: Q3FY23 & 9MFY23: Revenue for 9MFY23 stood at Rs 8,810 million up by 19% YoY. The Company reported its good sales for 9M on the back of strong brand positioning and quality products aided by normalised macro environment. Reported an operating EBITDA of Rs 1,854 million for 9MFY23 up by 18% YoY and EBITDA Margin of 21%. Cash PAT for 9MFY23 stood at Rs 1,415 million. Business Update: The cotton segment contributed 51.4% to the total revenue. Online sales contributed Rs 287.4 million Q3FY23, bringing it to Rs 409.18 million for 9MFY23. Online Sales through our own portal stood at Rs 27.5 million for 9MFY23. Result PDF
Textile and apparels company Monte Carlo Fashions announced Q2FY23 results: Revenue for H1FY23 stood at Rs 3,615 million up by 29% YoY. The company reported its good sales for half year on the back of strong brand positioning, quality products aided by normalised macro environment. Reported an operating EBITDA of Rs 552 million for H1FY23 up by 25% YoY and EBITDA Margin of 15.3% Cash PAT stood at Rs 450 million Business Update: Opened 14 new stores during Q2 FY23 Cotton segment contributed 59.6% to the total revenue Online sales contributed Rs 122 million Online Sales through own portal is Rs 15 million for H1FY23 Result PDF
Textiles company Monte Carlo Fashions announced Q4FY22 results: Revenue for FY22 stood at Rs 9,043 million up by 45% YoY and 25% over Pre-COVID(FY 20) levels. The Company reported its Best ever sales for the year on the back of strong brand positioning, quality products aided by normalised macro environment. Reported an EBITDA of Rs 1,800 million for the Financial Year and EBITDA Margin of 19.9% up by 133 bps YoY Cash PAT stood at Rs 1,513 million up by 51% YoY Business Update Opened 35 new stores during FY22 Cotton segment contributed 54.7% to the total revenue Online sales contributed Rs 623 million i.e. 7% to the FY22 Revenue Online Sales through own portal is Rs 74 million for FY22 compared to Rs 72 million in FY21 Company declared a dividend of 200% i.e. Rs 20 per share Result PDF