01 December 2022, Mumbai
Cantabil opened five new showrooms in India during November 2022. The company now has a total of 429 shops.
This is a brand which is into apparel and accessories for men, women and children in the middle to high income segment through a pan-India network of exclusive brand outlets under the brand names Cantabil, Kaneston, Crozo and Lil Potatoes.
The company's net profit rose 19 per cent on a 29 per cent increase in net sales in the second quarter this year compared to the second quarter of the previous year. Cantabil’s total income was Rs 116.7872 crores during the period ended September 30, 2022, as compared to Rs 101.6634 crores during the period ended June 30, 2022. Net profit / loss was Rs 9.2783 crores for the period ended September 30, 2022, as against net profit / loss of Rs 14.1242 crores for the period ended June 30, 2022. EPS was Rs 5.68 for the period ended September 30, 2022, as compared to Rs 8.65 for the period ended June 30, 2022.
Total income was Rs 116.7872 crores during the period ended September 30, 2022, as compared to Rs 93.5991 crores during the period ended September 30, 2021.
