Leading men’s and women’s innerwear brand Rupa & Company Limited has achieved highest ever full year revenue & profit. The company has announced its financial results for the quarter and year that ended on 31 March 2022.
The company’s revenue was Rs. 455.5 crore in Q4, FY’22.For FY’22, the revenue was 1,474.1 crore,while it was Rs. 1,312.7 crore in FY’21,though the company’s profit was down by -25.2 per cent in Q4, FY’22, but up by 9.4 per cent in FY’22.
| Particulars | Q4FY22 | Q4 FY21 | Y-o-Y | FY22 | FY21 | Y-o-Y |
| Revenues | 455.5 | 454 | 0.30% | 1,474.10 | 1,312.70 | 12.30% |
| EBITDA | 74.2 | 90.6 | -18.10% | 268.5 | 257.3 | 4.40% |
| EBITDA Margins (%) | 16.30% | 20.00% | 18.20% | 19.60% | ||
| Profit After Tax | 49.3 | 65.9 | -25.20% | 191.8 | 175.3 | 9.40% |
| PAT Margins (%) | 10.80% | 14.50% | 13.00% | 13.40% |
All figures except % in Rs. crore
The company informed that Dinesh Kumar Lodha, CEO of the company, has tendered his resignation due to personal reasons. He will be an active part in this process of selecting the new CEO, as the company is actively looking for a suitable candidate to fill in the position.
Sumit Khowala, handling a wide gamut of roles in finance & accounts, has been promoted to be the new designated CFO. Ramesh Agarwal continues to hold the position of full time Director of the company.
Dinesh Kumar Lodha, commented on the results, “The growth can be attributed to our efforts in scaling up high margin businesses and strengthening our retail footprint nationwide.”
He further added that in accordance with our brand scaling strategy, in this quarter we incurred higher advertising & promotion expenses. Thus, a multitude of factors led to pressure on margins. We are also taking steps to calibrate pricing as we balance growth and demand.
“Our focus on key growth areas has shown good traction in this year and set the platform for a robust growth in the upcoming FY2022-2023,” he said.
