The shares of the textile company, one of the largest women’s bottom-wear brands in India, jumped up to 13 percent after announcing its Q4 results, which showed a 52 percent year-on-year (YoY) increase in profit.
With a market capitalization of Rs. 4,255.91 crores on Wednesday, the shares of Go Fashion (India) Ltd jumped up to 13.5 percent, making a high of Rs. 832.00 per share compared to its previous closing price of Rs. 732.40 per share.
Go Fashion (India) Ltd, engaged in the development, design, sourcing, marketing, and retailing of a range of women’s bottom-wear products under the brand ‘Go Colors’. Its Revenue from operations rose by 12.6 percent YoY from Rs. 181.74 Crores in Q4FY24 to Rs. 204.81 Crores in Q4FY25, and its revenue declined QoQ from Rs. 214.72 Crores in Q3FY25 to Rs. 204.81 Crores in Q4FY25.
Its Net Profit YoY rose by 52.4 percent from Rs. 13.05 Crores in Q4FY24 to Rs. 19.89 Crores in Q4FY25, and its profit declined QoQ from Rs. 24.32 Crores in Q3FY25 to Rs. 19.89 Crores in Q4FY25. The earnings per share (EPS) for the quarter stood at Rs. 3.68, compared to Rs. 4.50 in the previous quarter.
About the Company
Go Fashion (India) Ltd, founded in 2010, is one of India’s leading women’s bottom-wear brands, operating under the brand name ‘Go Colors’. With a market share of approximately 8 percent in the branded women’s bottom-wear segment, Go Fashion has established a significant presence in the Indian apparel market.
News Curtesy: Trade Brains