Accessories and travel goods brand Swiss Military reported a consolidated revenue total of Rs 46.39 crore in the first quarter of the 2025 financial year. The New Delhi-based business also reported profits before tax totalling Rs 3.07 crore on a standalone basis during the quarter which ended on June 30.
“We have had a steady start to FY25 with balanced performance, consolidating our position from a record year gone by,” said Swiss Military’s managing director Anuj Sawhney, Indian Retailer Bureau reported. “Our renovation and innovation offerings are rolling out progressively with an encouraging response. Our strategic initiatives are driving tangible results, and we remain on track to meet our annual goals. Looking ahead, we are excited about the opportunities to build on this momentum and continue delivering value for our shareholders.”
During the first quarter of the 2025 financial year, Swiss Military worked on developing a new India manufacturing facility. The unit focuses on its luggage product line and is designed to be scalable for future growth.
“With a visionary approach and a dedicated team, we’re not just anticipating the future- we’re shaping it,” said Sawhney. “We are thrilled to announce exceptional financial performance this quarter, reflecting the strength of our business model and the dedication of our team. Despite ongoing economic challenges, we have achieved impressive revenue growth and strong profitability. Our focus on operational excellence, cost management, and strategic investment positions us well for continued success. We are committed to navigating market dynamics with agility and delivering lasting value to our stakeholders.”
Copyright © 2024 FashionNetwork.com All rights reserved.