Rupa & Co posts Q3 FY22 earnings

10 February 2022, Mumbai:

Hosiery firm Rupa and Company posted 34 per cent rise in Q3 net profit this fiscal.

The company’s profit grew to Rs 58.3 crore in the current quarter as compared to Rs 43.4 crore in the same period previous year.

Revenue increased 25 per cent during the quarter to Rs 433.2 crore as compared to Rs 345.6 crore in the similar previous period.

EBITDA margins increased 26 per cent to Rs 81 crore during the quarter.

As per Dinesh Lodha, CEO, the company continues to build upon the momentum in its growth trajectory during the quarter.

ALSO READ: Rupa & Company's Prahlad Rai Agarwala has been awarded the Padma Shri Award

Starting as a dream in the far-sighted mindscape of three men of vision and enterprise, the brand has evolved to become the frontrunner in India and a leading player in global markets with far-reaching footprints and millions of satisfied customers.

Rupa is today the one of the leading knitwear brand in India, covering the entire range of knitted garments from innerwear to casual wear.

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*Figures mentioned in the above article have been sourced from ET article.