Bella Cashion Fashion & Retail records 58% rise in revenues during Q1, FY25
30 July 2024, Mumbai
Bella Casa Fashion & Retail recorded a 58 per cent growth in revenues to Rs 78 crore during Q1, FY25 as against Rs 47 crore in the corresponding quarter of previous fiscal. The company’s profit for the quarter increased by 65 per cent to Rs 3 crore ($358,271) as against Rs 2 crore in the corresponding quarter last year.
This surge in the company’s revenues and profit was driven by a significant 173 percent increase in apparel sales volume, reaching 21 lakh pieces, while home furnishing sales remained strong with 3 lakh units sold.
Saurav Gupta, Director, Bella Casa, states, the quarter marks a robust start to FY25, with peak utilisation and a promising business outlook indicating exciting growth ahead. The company’s strategic decisions, particularly its frugal yet impactful investments in capacity expansion, are geared towards optimising returns on equity and capital employed, ensuring superior cash conversion cycles.
One of India's largest manufacturers of home furnishings and designer ethnic wear, Bella Casa Fashion serves over 50 domestic brands.
