Categories AlphaGraphs, Earnings, Retail

Zodiac Clothing Company Ltd Q1FY24; 19% fall in Revenue

Zodiac Clothing Company Limited (ZCCL) was incorporated in 1984 and came out with an initial public offer in 1994. It was promoted by Mr. M.Y. Noorani. Most of its current exports are made to Europe and North America. In the exports segment, it is present mainly in the men’s casual wear and semi-formal wear categories.
ZCCL’s manufacturing facilities are in Karnataka and Gujarat in India.

Financial Results:

Zodiac Clothing Company Ltd reported Revenues for Q1FY24 of ₹32.98 Crores down from ₹40.60 Crore year on year, a fall of 18.77%.

Total Expenses for Q1FY24 of ₹44.32 Crores down from ₹48.93 Crores year on year, a fall of 9.42%.

Consolidated Net Profit of -₹9.16 Crores from -₹6.79 Crores in the same quarter of the previous year.

The Earnings per Share is -₹3.52, 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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