logo
Brand Concepts Ltd Q4 net profit declines 27 percent to Rs 1.31 crore

Brand Concepts Ltd Q4 net profit declines 27 percent to Rs 1.31 crore

Fashion Network6 days ago

Brand Concepts Ltd, a luggage and accessories retailer reported a 27 percent decline in net profit to Rs 1.31 crore ($152,929) for the fourth quarter ended March 31, as against Rs 1.79 crore in the year-ago quarter.
The company's revenue for the quarter rose by 13 percent to Rs 66 crore, as against Rs 58 crore in the corresponding quarter of the previous fiscal year.
For the full financial year, the company's net profit stood at Rs 7 crore with a sales revenue of Rs 273 crore.
During the financial year 2025, the company opened 9 new stores to end with a store count of 48 as of March 31, 2025.
'In spite of competitive pressure and margin disruptive selling by peers, we have improved our EBITDA margin (excluding ESOP expense) at 11.6 percent vs 10.2 percent last year,' Brand Concepts said in its investor presentation.
'Setting up of the manufacturing facility was initiated during the year and we have reached significant completion level with production trial currently underway at the new facility, marking the initial phase of operational readiness,' it added.
Brand Concepts Ltd is an omnichannel fashion and lifestyle retailer with licenses for brands like Tommy Hilfiger, Aeropostale, and United Colors of Benetton. Its private label brands include Sugarush and The Vertical.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Udaan raises $114 million to strengthen FMCG offering
Udaan raises $114 million to strengthen FMCG offering

Fashion Network

time16 hours ago

  • Fashion Network

Udaan raises $114 million to strengthen FMCG offering

Business-to-business e-commerce platform Udaan has raised $114 million (approximately Rs 974 crore) in a fresh equity round, with M&G Investments and Lightspeed among the key investors. The capital will be used to expand operations across core product categories, with a strong emphasis on fast-moving consumer goods and the hotel, restaurant, and catering sector. The company also plans to accelerate its private label brands in staples and bolster its balance sheet ahead of a potential public listing, Indian Retailer Bureau reported. In a statement, Udaan said the fundraise will help to drive consistent growth with profitability at scale under its regional cluster-led operating model, ET Retail reported. The investment comes as Udaan reports significant operational gains, including a 20% reduction in fixed costs and a 40% decline in EBITDA (earnings before interest, tax, depreciation, and amortisation) burn in 2024. The company noted an additional 20% reduction in burn so far in 2025. Udaan currently connects retailers, suppliers, and brands across India through a tech-driven B2B platform focused on streamlining commerce and logistics, according to its website. 'Over the last 3 years, we have transformed the business by building cost as a capability and a competitive advantage," said Udaan's co-founder and CEO Vaibhav Gupta, Indian Retailer Bureau reported. "We have reduced our EBITDA burn by 40 per cent every year for the last three years and are on track to achieve full group EBITDA profitability in the next 18 months."

Rupa & Co Ltd Q4 net profit rises 26 percent to Rs 31 crore
Rupa & Co Ltd Q4 net profit rises 26 percent to Rs 31 crore

Fashion Network

time17 hours ago

  • Fashion Network

Rupa & Co Ltd Q4 net profit rises 26 percent to Rs 31 crore

Rupa & Company Ltd reported a 26 percent year-on-year increase in net profit to Rs 31 crore ($3.7 million) for the fourth quarter ended March 31, 2025. The company's revenue for the quarter witnessed a 4 percent year-on-year rise to Rs 416 crore. For the full year, the company's net profit stood at Rs 83 crore while net sales for the year stood at Rs 1,239 crore. Commenting on the results, Vikash Agarwal, director at Rupa & Co in a statement said, 'We are pleased to present an overview of our performance for Q4 and FY25. The year was marked by stable topline performance. We achieved a 4% volume growth in Q4 and a 3% volume growth for the full year, driven primarily by sales in our economy and athleisure segments." 'This performance underscores the strength of our brand, the appeal of our product portfolio, and skillful application of our market acumen. Looking ahead, we are confident in reaching new business milestones and delivering innovative products to meet the diverse needs of our customer segments,' he added. Rupa & Company is primarily engaged in the manufacturing, marketing, sales and distribution of innerwear, thermal wear and casual wear.

Indian Terrain Fashions posts Q4 net loss of Rs 2 crore
Indian Terrain Fashions posts Q4 net loss of Rs 2 crore

Fashion Network

time17 hours ago

  • Fashion Network

Indian Terrain Fashions posts Q4 net loss of Rs 2 crore

Indian Terrain Fashions Ltd reported a net loss of Rs 2 crore ($2,310,862) for the fourth quarter ended March 31, as against a net profit of Rs 3 lacs in the year-ago quarter. The company's revenue for the quarter was down by 22 percent to Rs 90 crore, as against Rs 114 crore in the corresponding quarter of the previous fiscal year. For the full financial year, Indian Terrain reported a net loss of Rs 43 crore with a sales revenue of Rs 341 crore. Commenting on the Q4 results, Charath Narsimhan, managing director CEO Indian Terrain in a statement said, 'FY25 has been a defining year of strategic realignment for us. We consciously shifted away from low margin, scale driven channels to focus on profitability, efficiency, and sustainable growth. While the top-line faced transitional impact, our improved margins, reduced costs, and operational profitability demonstrate the success of our disciplined execution.' 'We've laid a solid foundation through capital strengthening, store network optimization, and sharper merchandising. As we enter FY26, our focus will remain on maintaining margin integrity while reigniting growth through stronger brand visibility, targeted marketing, and timely product delivery,' he added. Indian Terrain retails across the country in over 250 cities through its 208 exclusive outlets, multi-brand outlets, large format stores and e-commerce platforms.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store