Kolkata, 9th February 2022; Rupa & Company Limited, one of the leading and largest knitwear brands in India, engaged in the manufacturing, marketing, selling and distribution of men’s and women’s innerwear, thermal wear and fashion wear announced its Unaudited Financial Results for the Quarter and nine month ended on 31st December 2021.
| Particulars (Rs. Crs.) | Q3FY22 | Q3 FY21 | Y-o-Y | 9M FY22 | 9M FY21 | Y-o-Y | |||||||||||||||||||||
| Revenues | 433.2 | 345.6 | 25% | 1,018.7 | 858.7 | 19% | |||||||||||||||||||||
| EBITDA | 80.9 | 64.3 | 26% | 194.3 | 166.7 | 17% | |||||||||||||||||||||
| EBITDA Margins (%) | 18.7% | 18.6% | 19.1% | 19.4% | |||||||||||||||||||||||
| Profit After Tax | 58.3 | 43.4 | 34% | 142.5 | 109.4 | 30% | |||||||||||||||||||||
| PAT Margins (%) | 13.5% | 12.6% | 14.0% | 12.7% |
* On Consolidated Basis
Commenting on the Results, Mr. Dinesh Kumar Lodha, CEO said “We are extremely proud to announce that we continue to build upon the momentum in our growth trajectory. On an already higher base, in Q3 FY22 we have registered double digit growth in Revenues, EBITDA and PAT at 25%, 26% and 34% respectively. As previously defined in our growth strategy, we continue to see robust demand for our attractively priced high-quality products.
The Company has added trendy & stylish products to expand the SKUs in sub brands. We are encouraged by the performance of Athleisure segment which is growing at a fast pace owing to the customer preference.
The Company is making in-roads in previously untapped geographies (X-factor Markets) and also increasing its penetration in established markets. Going forward, in response to growing demand from international markets, we intend to rapidly grow our exports business.
We have always been committed to our long-term goal of providing the highest level of consumer satisfaction with our products and brands and we are confident of achieving robust operational and financial performance going ahead.”
