Monte Carlo Fashions Ltd.
Q3FY23 Quarterly Result Announced for Monte Carlo Fashions Ltd.
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.