Monte Carlo Fashions registers 25% rise in Q3, FY25 net profit
21 February 2025, Mumbai
Monte Carlo Fashions registered a 25 per cent rise to Rs 97 crore consolidated net profit during Q3, FY25 as against Rs 77 crore in the corresponding quarter a year ago.
The company’s revenue increased to Rs 549 crore during the quarter, as against Rs 504 crore in the corresponding quarter of the previous fiscal year. The brand’s online sales picked up, particularly form its own website during the quarters.
The company aims to expand its operations during the quarter by open 45-50 EBOs across India including the west and south. It opened six EBOs for home textiles in Q3, FY25 taking its total EBO count to 13 as on Dec 31, 2024.
The company has also collaborated with with quick commerce partners like Blink it, Swiggy and Zepto for up to 30 minutes delivery. It mainly sells its brands through a network of EBOs, MBOs, national chain stores and across major e-commerce platforms like Amazon, Flipkart, Myntra, etc.
