Garment Mantra’s Q3, FY25 net profit contracts by 87.33% to 0.18 crore
03 March 2025, Mumbai
Garment Mantra's net profit contracted by 87.33 per cent to Rs 0.18 crore in Q3, FY25 ending December 2024 from Rs 1.41 crore in the corresponding quarter last year. The company’s net sales declined by 33.88 per cent to Rs 22.06 crore from Rs 33.36 crore in Q3, FY24 ending December 2023.
Its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) declined by 57.86 per cent to Rs 1.18 crore in Q3, FY25 from Rs 2.80 crore in Q3, FY24.
Garment Mantra Lifestyle is an India-based company involved in the manufacturing, selling, and distribution of fabrics, hosiery garments, and related services. They offer a diverse range of garments for men, women, and children, utilizing various knitted fabrics. They also deal in clothing accessories.
