CANTABIL RETAIL INDIA LTD. - 533267 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Announcement under Regulation 30 (LODR)-Earnings Call Transcript17-08-2023
17-08-2023
CANTABIL RETAIL INDIA LTD. - 533267 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Announcement under Regulation 30 (LODR)-Earning Call - Outcome14-08-2023
Q1FY24 Quarterly Result Announced for Cantabil Retail India Ltd.
Apparels & Accessories company Cantabil Retail India announced standalone Q1FY24 results: Revenue from Operations for Q1FY24 grew by 11% to Rs 112 crore as compared to Rs 101 crore in Q1FY23. EBIDTA for Q1FY24 stood at Rs 34 crore as compared to Rs 35 crore in Q1FY23. EBIDTA margin for Q1FY24 stood at 30.8% as compared to 35.1% in Q1FY23. PBT for Q1FY24 stood at Rs 15 crore as compared to Rs 19 crore in Q1FY23. PBT margin for Q1FY24 stood at 13.6% as compared to 18.5% in Q1FY23. PAT for Q1FY24 stood at Rs 12 crore as compared to Rs 14 crore in Q1FY23. PAT margin for Q1FY24 stood at 11.0% as compared to 14.0% in Q1FY23. Commenting on the results and performance, Vijay Bansal, (Chairman & Managing Director) of Cantabil Retail India said, “The business demonstrated a resilient performance in Q1, recording sales of Rs 112 crore and an EBITDA margin of 30.8%, despite a subdued demand environment across various markets. Further, we believe that there are indications of the start of a gradual improvement in consumption trends, following the sequential moderation witnessed in commodity and retail inflation, which bodes well for demand generation. We anticipate a rebound in discretionary spending with the onset of the festive season, propelling the company’s growth trajectory further in the second half. At Cantabil, we remain committed to enhancing the value proposition for our customers along with persistently investing in building brands and improving operational efficiency. We remain focused on pursuing our long-term strategic agenda by further expanding our reach to be ever more proximate and convenient to customers, reinforcing our brand promise, expansion into newer markets, diversification across various segments and categories, and ensuring an elevated shopping experience for our customers. With a positive outlook on the growth prospects of both the Indian economy and the fashion apparel sector, we are determined to leverage our robust brand recall value to drive consistent, sustainable growth. We are confident that this business is well poised to shift gears and deliver substantial value to customers and shareholders going forward.” Result PDF14-08-2023
CANTABIL RETAIL INDIA LTD. - 533267 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Announcement under Regulation 30 (LODR)-Newspaper Publication14-08-2023
CANTABIL RETAIL INDIA LTD. - 533267 - Intimation Of Book Closure For The Purpose Of AGM And Final Dividend
Intimation of Book Closure for the purpose of AGM and Final Dividend12-08-2023
CANTABIL RETAIL INDIA LTD. - 533267 - Corporate Action-Updates on intimation of Sub division / Stock Split
Board Approved Stock Split/sub-division and fixed Record Date for the purpose.12-08-2023
CANTABIL RETAIL INDIA LTD. - 533267 - Record Date For Final Divided
Record Date for Final Dividend12-08-2023
CANTABIL RETAIL INDIA LTD. - 533267 - Corporate Action-Board approves Dividend
Approval of Final Dividend for the Financial Year ended on March 31, 2023, along with Record Date.12-08-2023