Lovable Lingerie standalone net profit declines 44.51% in the March 2022 quarter

Sales decline 13.27% to Rs 22.42 crore

Net profit of Lovable Lingerie declined 44.51% to Rs 0.91 crore in the quarter ended March 2022 as against Rs 1.64 crore during the previous quarter ended March 2021. Sales declined 13.27% to Rs 22.42 crore in the quarter ended March 2022 as against Rs 25.85 crore during the previous quarter ended March 2021.

For the full year,net profit rose 752.24% to Rs 5.71 crore in the year ended March 2022 as against Rs 0.67 crore during the previous year ended March 2021. Sales rose 20.59% to Rs 97.22 crore in the year ended March 2022 as against Rs 80.62 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales22.4225.85 -13 97.2280.62 21 OPM %-10.70-2.09 -3.79-2.37 - PBDT0.433.02 -86 8.442.62 222 PBT0.032.59 -99 6.780.95 614 NP0.911.64 -45 5.710.67 752

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