Indian knitwear and innerwear brand Rupa and Company Limited has recorded a stark 10 percent drop in its net profits for the second quarter of 2025 to an amount of US $ 2.2 million.
The innerwear brand recorded a net profit worth US $ 2.5 million for the 2nd quarter of previous year making the revenue drop from US $ 35.8 million in FY ’24 to US $ 35.2 million in FY ’25 in the 2nd quarter of the respective years.
Rupa’s Director Vikash Agarwal has said that the decline in profit was primarily due to pricing pressures within the industry and resistance to price hikes following the stabilisation of yarn costs.
He further added that the festive season sales had shifted to the third quarter (Q3) this fiscal year and he continues to remain positive about the upcoming quarters. Agarwal has high hopes from the brand’s thermal wear, athleisure, and modern trade segments.
The director also revealed about the brand’s retail expansion plans and expressed that Rupa aims to launch as many as 31 exclusive brand outlets (EBOs) in the first half of FY ’25 to reach a broader customer base.
