Bella Casa Fashion & Retail Limited reported a 122 percent increase in net profit to Rs 3 crore ($3,59,990) for the fourth quarter ended March 31, as against Rs 1 crore in the year-ago quarter.
The company’s revenue for the quarter rose by 51 percent to Rs 61 crore, as against Rs 41 crore in the corresponding quarter of the previous fiscal year.
For the full financial year, the company’s net profit rose 31 percent year-on-year to Rs 10 crore on a revenue of Rs 230 crore.
Commenting on the results, Saurav Gupta, director of Bella Casa Fashion in a statement said, “We are pleased to share that Bella Casa Fashion & Retail has made headway in some of the leading retailers of the country and could overcome industry headwinds and soft consumer demand. The growth was mainly driven by apparel manufacturing business while the branded home furnishing segment remained flat.”
“As we embark on the next phase of growth, we are enthusiastic about the immense opportunity and robust demand momentum presented by the fast-moving value fashion market. We strongly believe that we are well poised to shift gears and kick off the growth journey in FY25,” he added.
Bella Casa Fashion is one of India’s largest manufacturers and distributors of home textile products and designer ethnic wear.
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