Rupa & Co posts Rs 65.96 crore profit in Q4

Apparel manufacturer Rupa& Co posted a consolidated net profit of Rs 65.96 crorein FY21 Q4 compared with a loss of Rs 4.28 crore in the corresponding quarter in the previous fiscal.

The company's revenue from operations jumped 153 per cent year-on-year (YoY) to Rs 453.99 crore from Rs 179.30 crore posted in the same quarter year ago. On a quarter-on-quarter (QoQ) basis, the figure grew 31.3 per cent.

The EBITDA (earnings before interest, tax, depreciation and amortisation) soared 1,050 per cent to 90.6 crore in Q4FY21 from Rs 7.9 crore posted in Q4FY20. The EBITDA margins came in at 20 per cent during the quarter under review. The figure stood at 4 per cent in the corresponding quarter last year.

For the full financial year 2021, the company logged its highest-ever revenues and profits at Rs 1,312.7 crore and Rs 175.3 crore, respectively.

The company plans to increase share in premium and super-premium category, improve focus on women, casual, and thermal wear, and foray into newer markets with higher penetration in the existing markets.