MoneyWorks4Me

Monte Carlo Fashions records revenue growth of 36% YoY in Q4FY23

17 Apr 2023 Evaluate

Monte Carlo Fashions has recorded a robust revenue growth of 36% year on year (YoY) in Q4FY23, by indicating a sustained high demand. The Company continues to experience an upsurge in demand in all its business segments. Despite Q4FY22 being a robust quarter characterized by pent-up demand, the Company's revenue grew at an impressive rate.

This quarter's sales did not only surpass pre-covid levels but also represented the best ever for the Company. Monte Carlo Fashions has been benefiting from the dynamics of the Indian fashion industry, which is experiencing a strong consumption story.

Monte Carlo Fashions manufactures and distributes men’s and women’s apparel.

Peers
Company Name CMP
Vardhman Textiles 566.65
Welspun Living 214.50
Arvind 549.00
Raymond Lifestyle 659.10
K.P.R. Mill 1108.30
View more..