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Go Fashion (India) Ltd Q4FY24; 13% fall in Profits

Incorporated in 2010, Go Fashion Limited (GFIL) is one of the largest women’s bottom-wear brands in India. The company is engaged in the development, design, sourcing, marketing, and retailing of a range of women’s bottom-wear products under the brand, ‘Go Colors’. The company offers one of the widest portfolios of bottom-wear products among women’s apparel retailers in terms of colors and styles. As of May 31, 2021, Go Colors sold bottom-wear in over 50 styles in more than 120 colors.

Financial Results:

Go Fashion (India) Ltd reported Revenues for Q4FY24 of ₹182.00 Crores up from ₹158.00 Crore year on year, a rise of 15.19%.

Total Expenses for Q4FY24 of ₹171.00 Crores up from ₹141.00 Crores year on year, a rise of 21.28%.

Consolidated Net Profit of ₹13.00 Crores down 13.33% from ₹15.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.42, down 11.68% from ₹2.74 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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