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Friday, November 15, 2024

Swiss Military reports 27.57% increase in turnover in FY25 Q2

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November 15, 2024

Swiss Military Consumer Goods Ltd has reported a 27.57% year on year increase in turnover in the second quarter of the 2025 financial year with a consolidated total revenue of Rs 55.56 crore. The business also saw its profits before tax increase by 8.89% to total Rs 2.78 crore.

Swiss Military retails products including bags, accessories, and luggage – Swiss Military Worldwide- Facebook

“We are pleased to report strong growth across key financial metrics, driven by our strategic initiatives and continued focus on strengthening our core business operations,” said Swiss Military Consumer Goods Ltd’s managing director Anuj Sawhney in a press release. “Our ability to adapt to the evolving market environment and drive innovation has been instrumental in achieving these impressive results.”
 
Swiss Military’s total revenue for the first half of the 2025 fiscal year reached Rs 101.94 crore and its profits before tax totalled Rs 5.11 crore. The business completed its rights issue in the September quarter, expanded its product offering with new ranges, focused on operational efficiency, and expanded its retail footprint in regions including Southern and Western India. 
 
“We are excited about the future and are confident that our strategic initiatives will position Swiss Military Consumer Goods Ltd for long-term success in the growing luggage and travel gear market,” said Sawhney. “With our strong financial performance and the support of our shareholders, we are well-equipped to capitalise on the opportunities ahead.”

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