Campus Activewear Q4: Campus Activewear Q4 Results: Profit rises three-fold to Rs 39.6 crore

New Delhi: Campus Activewear Ltd on Tuesday reported over three-fold enhance in its consolidated internet revenue at Rs 39.60 crore for the fourth quarter ended March 2022. The shoemaker, which was listed on BSE earlier this month, had posted a internet revenue of Rs 10.01 crore within the January-March quarter a 12 months in the past, mentioned Campus Activewear Ltd in a regulatory submitting.

Its income from operation rose 28.07 per cent to Rs 352.33 crore in opposition to Rs 275.10 crore within the year-ago interval.

“Internet revenue throughout the quarter stood at Rs 39.61 croe, PAT (Revenue After Tax) margins expanded by 760 foundation factors year-on-year to 11.2 per cent in This autumn FY22,” mentioned Campus Activewear in a post-earnings assertion.

The corporate’s whole bills have been at Rs 295.30 crore, up 31.05 per cent in This autumn FY22 in comparison with Rs 225.32 crore in This autumn FY21.

For all the fiscal ended March 2022, Campus Activewear’s internet revenue was up over four-fold to Rs 124.41 crore. It had reported a internet revenue of Rs 26.86 crore within the earlier fiscal.

Its income from operations was Rs 1,194.18 crore in 2021-22. That is 67.89 per cent greater than Rs 711.28 crore in FY21.

Campus Activewear chairman and managing director H Okay Agarwal mentioned the corporate achieved its “highest-ever income” in a monetary 12 months, regardless of a number of disruptions attributable to the second wave of COVID-19, Omicron variant scare and a hike in GST charges.

“The corporate continues to reap advantages from its strategic mix of in-house functionality and backward integration enabling flexibility in design, high quality management, value management and timing to market. Campus Activewear’s design group is well-equipped to determine rising worldwide trend footwear pattern and customise it, thereby bringing buyer delight to the Indian market,” he mentioned.

Campus Activewear aspires to strengthen its footprints in western and southern components of India.

“The corporate will proceed to intensify its omni-channel expertise with a sustained give attention to premiumisation and product diversification throughout product segments and classes. With rising disposable earnings and rising well being quotient amongst shoppers, Campus Activewear is well-placed to reap the advantages of the rising sports activities and athleisure footwear trade in India,” Agarwal added.