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Lovable Lingerie reports standalone net loss of Rs 1.85 crore in the March 2024 quarter

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Last Updated : May 28 2024 | 4:04 PM IST

Sales decline 53.62% to Rs 5.51 crore

Net Loss of Lovable Lingerie reported to Rs 1.85 crore in the quarter ended March 2024 as against net loss of Rs 3.32 crore during the previous quarter ended March 2023. Sales declined 53.62% to Rs 5.51 crore in the quarter ended March 2024 as against Rs 11.88 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 4.28 crore in the year ended March 2024 as against net loss of Rs 0.07 crore during the previous year ended March 2023. Sales declined 33.23% to Rs 63.76 crore in the year ended March 2024 as against Rs 95.49 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales5.5111.88 -54 63.7695.49 -33 OPM %-64.07-61.28 --0.39-3.58 - PBDT-2.80-3.42 18 7.421.92 286 PBT-3.33-4.22 21 5.40-0.03 LP NP-1.85-3.32 44 4.28-0.07 LP

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First Published: May 28 2024 | 3:31 PM IST

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