Q4 net profit of Campus Activewear rises by 43%

The Q4 net profit of Campus Activewear increased by 43 per cent to Rs 33 crore ($4 million) compared to Rs 23 crore in the same quarter the previous year.
The company’s revenue for the quarter rose by 5 per cent to Rs 364 crore, up from Rs 348 crore in the corresponding quarter of the prior fiscal year.
For the financial year 2024, Campus Activewear achieved a net profit of Rs 89 crore and a sales revenue of Rs 1,448 crore.
Nikhil Agarwal, CEO, Campus Activewear, comments, FY24 was a transitionary year for the company as it made a strong comeback in the second half the year by focusing on trade distribution and new product launches.
Throughout the financial year, the company expanded its geographical presence by opening 66 new stores in the western, southern, and eastern regions of India, bringing the total number of stores to over 250.