Rupa & Co Ltd Q3 net profit rises 14 percent to Rs 24 crore

Rupa & Co Ltd reported a 14 percent increase in net profit to Rs 24 crore ($2.8 million) for the third quarter ended December 2024, as against Rs 21 crore in the year ago quarter.

The company’s revenue for the quarter declined marginally to Rs 316 crore, as against Rs 319 crore in the corresponding quarter of the previous fiscal year.

Commenting on the results, Vikash Agarwal, director at Rupa & Co in a statement said, “Despite the macro-economic scenario marked by mixed factors, including moderate growth and elevated inflation resulting to restrained discretionary spending, we maintained stable performance.”

“Modern Trade exhibited robust 26% growth in 9M FY25, contributing 6% to overall revenues, reinforcing our strong presence across major online platforms. Amidst the current suboptimal macro-economic environment, our continued focus remains on customer centric approach and realigning sales strategies to ensure growth momentum remains imperative,” he added.

During the quarter, the company’s exclusive brand outlet network expanded to 35 stores as of December 31, 2024.  It plans to add over 100 stores in FY26 with focus on tier 1, 2, 3 cities and beyond.