Jaipur, India | February 3, 2025
Nandani Creation Limited (NSE: JAIPURKURT) has announced its un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024, showcasing significant growth in revenue from operations.
Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY25 (Dec 31, 2024) | Q2 FY25 (Sep 30, 2024) | Q3 FY24 (Dec 31, 2023) | 9M FY25 (Apr-Dec 2024) | 9M FY24 (Apr-Dec 2023) |
|---|---|---|---|---|---|
| Revenue from Operations | 1,344.12 | 1,836.57 | 1,008.04 | 4,974.20 | 2,440.67 |
| Total Income | 1,346.15 | 1,867.17 | 1,015.86 | 5,033.38 | 2,578.77 |
| Profit Before Tax | 54.12 | 207.07 | 101.53 | 433.66 | (201.22) |
| Net Profit | 40.72 | 136.23 | 69.29 | 319.17 | (151.25) |
| Earnings Per Share (₹) | Basic: 0.24, Diluted: 0.24 | Basic: 0.88, Diluted: 0.88 | Basic: 0.61, Diluted: 0.61 | Basic: 2.10, Diluted: 2.10 | Basic: (1.31), Diluted: (1.31) |
Segment-Wise Performance
- Revenue Surge: The company’s revenue from operations grew by 33.4% YoY to ₹1,344.12 lakh in Q3 FY25, reflecting increased market demand and expansion.
- Improved Profitability: Net profit for the quarter stood at ₹40.72 lakh, up from ₹69.29 lakh in Q3 FY24, indicating sustained improvement in operational efficiencies.
- Employee Benefit Expense: The company reported an increase in employee benefit expenses, indicating investments in workforce expansion.
Corporate Announcements & Strategic Developments
- Subsidiary Performance: Desi Fusion India Private Limited, the company’s subsidiary, played a vital role in consolidated revenue growth.
- Compliance & Audit: The results have been reviewed by statutory auditors under SEBI Listing Regulations and prepared following Indian Accounting Standards (Ind AS).
- Investor Confidence: As of December 31, 2024, no investor complaints were pending, signaling a robust corporate governance framework.
Management Commentary
Anuj Mundhra, Chairman and Managing Director of Nandani Creation Limited, stated: "Our revenue performance this quarter reflects our brand’s strength and operational efficiency. We continue to focus on expanding our footprint in the Indian ethnic wear market while maintaining cost efficiencies. The robust growth in our financials demonstrates our commitment to delivering value to our stakeholders."Strategic Outlook & Market Positioning
- Growth in E-commerce & Retail Expansion: The company is capitalizing on the increasing demand for Indian women’s ethnic wear, leveraging both online and offline sales channels.
- Profitability Improvement: With a turnaround in profitability, the company is set for sustained growth in upcoming quarters.
- Industry Trends: The Indian fashion retail industry is expected to witness significant growth, benefiting players like Nandani Creation Limited.