10 February 2022, Mumbai:
Owner of the Go Colors brand, Go Fashion India reported a 33 per cent rise in its Q3FY22 net profit.
The company’s profit for the quarter ended December 31, 2021 rose to Rs 24 crore as against Rs 18 crore for the corresponding quarter previous year.
The company’s revenue for the quarter rose 47 per cent to Rs 142 crore, as against Rs 97 crore it posted in the year-ago period.
Its EBITDA also increased by 72 per cent to Rs 52 crore, notes Gautam Saroagi, CEO,
The company continues to expand and strengthen its bottom wear portfolio by launching new products across ethnic, western, fusion, loungewear, work-from-home collection & athleisure.
In FY22, it added 27 exclusive brand outlets (EBO) taking the total to 476 EBO stores and also introduced 11 new products to the portfolio.
Go Fashion is one of the largest women’s clothing brands in India and its brand Go Colors specialises in women’s bottom wear including leggings and trousers in a wide variety of colors.
Follow us on Linkedin.
Watch our news daily on Youtube.
Subscribe to our daily e-newsletter.
Stay updated with the Latest Apparel News.
Powered by:
*Figures mentioned in the above article have been sourced from ET article.
