The company’s revenues have grown from ₹549 crore in FY22 to ₹611 crore in FY24. During the same period, the net profit has more than doubled from ₹12.3 crore to ₹29.5 crore. The Ebitda margin has increased from 3.8% to 6.7%. Its return on capital employed for FY24 stood at 64%. The company is planning to foray into ethnic men’s wear – a segment that is expected to grow at over 10%.
