Monte Carlo Fashions Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Monte Carlo Fashions Ltd reported a 142.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8.8%.
- Its expenses for the quarter were up by 94.8% QoQ and 4.3% YoY.
- The net profit increased 1103.2% QoQ and increased 25.2% YoY.
- The earnings per share (EPS) of Monte Carlo Fashions Ltd stood at 46.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 554.65 | 228.87 | 509.85 | 142.3% | 8.8% |
Total Expenses | 424.58 | 217.96 | 407.14 | 94.8% | 4.3% |
Profit Before Tax | 130.07 | 10.91 | 102.71 | 1092.2% | 26.6% |
Tax | 33.33 | 2.87 | 25.44 | 1061.3% | 31.0% |
Profit After Tax | 96.74 | 8.04 | 77.27 | 1103.2% | 25.2% |
Earnings Per Share | 46.70 | 3.90 | 37.30 | 1097.4% | 25.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Monte Carlo Fashions Ltd is a prominent player in the textile and apparel manufacturing industry. The company is known for its comprehensive range of products which includes woolen, cotton, and blended garments. Monte Carlo has established a strong presence in both domestic and international markets, catering to a wide demographic with its versatile product offerings. The company is recognized for its focus on quality and style, which has helped it maintain a competitive position within the industry. Recent developments in the company, such as expansions, strategic partnerships, or significant business milestones, are not available in the provided data.
Revenue
In the third quarter of fiscal year 2025, Monte Carlo Fashions Ltd reported a total income of ₹554.65 crores. This marks a significant increase from the previous quarter's income of ₹228.87 crores, resulting in a quarter-over-quarter (QoQ) growth rate of 142.3%. When compared to the same quarter in the previous fiscal year, where the total income was ₹509.85 crores, there is a year-over-year (YoY) increase of 8.8%. The substantial QoQ increase may reflect seasonal sales patterns or specific business strategies implemented during the quarter. The YoY growth indicates a steady upward trend in revenues over the past year.
Profitability
Monte Carlo Fashions Ltd demonstrated strong profitability in Q3FY25, with a profit before tax of ₹130.07 crores, compared to ₹10.91 crores in Q2FY25. This remarkable increase translates to a QoQ growth of 1092.2%. Comparing to Q3FY24, where the profit before tax was ₹102.71 crores, the company saw a YoY growth of 26.6%. After accounting for taxes, the profit after tax for Q3FY25 stands at ₹96.74 crores, up from ₹8.04 crores in the previous quarter and ₹77.27 crores in the same quarter of the previous year, reflecting QoQ and YoY increases of 1103.2% and 25.2%, respectively. Earnings per share also rose significantly to ₹46.70 from ₹3.90 in Q2FY25 and ₹37.30 in Q3FY24, consistent with the profit growth.
Operating Metrics
The total expenses for Monte Carlo Fashions Ltd in Q3FY25 were reported at ₹424.58 crores, which shows a 94.8% increase from the previous quarter's expenses of ₹217.96 crores. When compared to the same quarter of the previous year, where expenses were ₹407.14 crores, there is a YoY increase of 4.3%. Despite the rise in expenses, the company managed to achieve a substantial increase in profits, indicating efficient management of resources and operations. The tax expense in Q3FY25 was ₹33.33 crores, reflecting a significant increase from ₹2.87 crores in Q2FY25, which aligns with the higher profit before tax. The YoY tax increase was also notable at 31.0%, corresponding with the growth in profitability.
