Zodiac Clothing reports Q1 FY2024 financial results

Zodiac Clothing Company Limited released its consolidated financial results for the period ending June 30, 2023.

Quarterly Financial Performance (QoQ)

The company's total income for the quarter stood at Rs. 34.9457 crores, declining from Rs. 46.0892 crores in the previous quarter.

Net profit/(loss) was reported at Rs. -9.1608 crores, contrasting with the previous quarter's net profit/(loss) of Rs. 33.3671 crores.

Earnings Per Share (EPS) for the quarter was Rs. -3.52, down from Rs. 13.40 in the previous quarter.

Yearly Financial Performance (YoY)

Comparing year-on-year results, the company's total income was Rs. 34.9457 crores, down from Rs. 42.4793 crores in the same period last year.

Net profit/(loss) for the quarter was Rs. -9.1608 crores, compared to a net profit/(loss) of Rs. -6.7883 crores in the same period last year.

The reported EPS was Rs. -3.52, compared to Rs. -2.74 in the same period last year.