Monte Carlo Fashions Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 28, 2024 at 06:40 pm IST
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Monte Carlo Fashions Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 2,065.2 million compared to INR 2,367.2 million a year ago. Revenue was INR 2,148.8 million compared to INR 2,444.1 million a year ago. Net loss was INR 177.6 million compared to net income of INR 198.2 million a year ago. Basic loss per share from continuing operations was INR 8.57 compared to basic earnings per share from continuing operations of INR 9.56 a year ago. Diluted loss per share from continuing operations was INR 8.57 compared to diluted earnings per share from continuing operations of INR 9.56 a year ago.
For the full year, sales was INR 10,619.1 million compared to INR 11,177.1 million a year ago. Revenue was INR 10,894.1 million compared to INR 11,385.4 million a year ago. Net income was INR 599.4 million compared to INR 1,325.2 million a year ago. Basic earnings per share from continuing operations was INR 28.91 compared to INR 63.92 a year ago. Diluted earnings per share from continuing operations was INR 28.91 compared to INR 63.92 a year ago.
Monte Carlo Fashions Limited is an India-based apparel company. The Company is engaged in providing woolen and cotton wear for men, women and kids. The Company also has a presence in home textiles. It caters across all customer categories through its brands, Monte Carlo, Rock.it, Cloak & Decker, Luxuria, and Tweens. The Companyâs products are available pan India through a network of exclusive brand outlets (EBOs), multi-brand outlets (MBOs), shops in shops, distributors, national chain stores along with easy availability across various e-commerce platforms like Amazon, Flipkart, Myntra etc. Their distribution network covers 21 states and four union territories. The Company has a presence in approximately 2,500 MBOs, 356 EBOs and over 1,100 NCS & SIS model outlets. Its products range includes sweaters, t-shirts, jackets, sweatshirts, cardigan, dresses, tunics and others.
MONTE CARLO FASHIONS LIMITED 
