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Nandani Creation Ltd Q1FY24; 45% fall in Revenue

Nandani Creation Ltd is a fashion house company established in 2012. It specializes in traditional designs and Indian ethnic wear for women. It is engaged in manufacturing and online trading of women’s apparel like Kurtis, Etnic Tops, Palazzo, etc. The Co follows an e-retail model for selling its products.

Financial Results:

Nandani Creation Ltd reported Revenues for Q1FY24 of ₹7.22 Crores down from ₹13.12 Crore year on year, a fall of 44.97%.

Total Expenses for Q1FY24 of ₹8.50 Crores down from ₹12.63 Crores year on year, a fall of 32.7%.

Consolidated Net Profit of -₹0.76 Crores from ₹0.39 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.66, from ₹0.39 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.

Tags: Clothing
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