Campus Activewear Q3 net profit surges 86 percent to Rs 47 crore

Campus Activewear Ltd, an omnichannel athleisure and footwear brand reported an 86 percent increase in net profit to Rs 47 crore ($5.5 million) for the third quarter ended December 2024, as against Rs 25 crore in the year ago quarter.

The company’s revenue for the quarter rose by 9 percent to Rs 515 crore, as against Rs 472 crore in the corresponding quarter of the previous fiscal year.

Commenting on the results, Nikhil Agarwal, CEO of Campus Activewear in a statement said, “The company continued its growth momentum displayed in Q2 FY25. We achieved our highest ever quarterly revenue largely attributed to our aggressive distribution drive strategy and higher online sales benefitting from the festive season, thereby navigating a challenging macro environment.”

“The company has registered double digit growth in key states in North, Central & West. Additionally, we have made swift foray into the focused southern markets through scaling up our online presence. We have strengthened our product portfolio by launching 69 new articles during the quarter and new SKUs for women category,” he added.

During the quarter, Campus added 6 new stores across India taking its total exclusive brand outlets count to 290. The brand also entered the quick commerce market by partnering with Zepto.