Go Fashion (India) Ltd. announced its unaudited financial results for the quarter ended September 30, 2024. The Board of Directors approved the results –
Key Financial Highlights:
- Revenue from operations:
- Quarter-on-Quarter (QoQ): Decreased by 5.25% (from ₹220.09 crore in Q1 FY24 to ₹208.53 crore in Q2 FY24).
- Year-on-Year (YoY): Increased by 10.42% (from ₹188.85 crore in Q2 FY23 to ₹208.53 crore in Q2 FY24).
- Net Profit:
- Quarter-on-Quarter (QoQ): Decreased by 27.98% (from ₹28.65 crore in Q1 FY24 to ₹20.63 crore in Q2 FY24).
- Year-on-Year (YoY): Increased by 2.95% (from ₹20.04 crore in Q2 FY23 to ₹20.63 crore in Q2 FY24).
These results show that while GoColors experienced a decline in both revenue and net profit on a quarterly basis, the company has shown positive growth year-over-year in both metrics.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
