'
Cantabil Retail India hosted a conference call on November 13,
2024. In the conference call, the company was represented by Mr Vijay
Bansal-Managing Director, Mr Deepak Bansal –Whole time director and Mr Shivendra
Nigam-CFO.
Key takeaways of the
call
The company had a good beginning in FY2025. The company
achieved volume growth of 15.5% in H1FY2025 despite challenging market
conditions.
Growth is driven by expanding to newer markets and adding
new product categories.
The company focus is to expand geographically, add
manufacturing capacities and improving manufacturing efficiencies, the company
is committed to solidify its position in fashion apparel sector.
Q2FY2025:
Revenue stood at Rs 151.2 crore in Q2FY2025 as against Rs 135.1
crore in Q2FY2024. A growth of 12% YoY.
Gross margins increased to 56.1% in Q2FY2025 mainly due to
increase in markup of prices.
EBITDA...
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