Bella Casa’s Q4 net profit rises by 94%

The fourth quarter net profit of fashion and home textile firm Bella Casa Fashion & Retail rose by 94 percent to Rs 2 crore ($274,019as against a net profit of Rs 1 crore it had reported in the year-ago period.

As per Fashion Network, the company’s revenue for the quarter rose by 41 percent to Rs 50 crore, as against a net profit of Rs 45 crore it reported in the corresponding period previous fiscal year.

For the financial year 2020-21, the company’s net profit declined by 41 percent to Rs 5 crore, as against Rs 9 crore during the previous year ended March 2020 while revenue dropped by 21 percent to Rs 129 crore, as against Rs 163 crore during the previous year.

One of India’s largest manufacturers and distributors of home textile products and designer ethnic wear, Bella Casa Fashion & Retail has a network of 80 authorised dealers/wholesalers and reaches out to around 3,000 retailers across the country.

The company also has a strong online presence through its platform and e-commerce companies like Flipkart, Amazon, Ajio, etc