trending Market Intelligence /marketintelligence/en/news-insights/trending/Zt4M73v7FKPOfZhZzJTLew2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Lovle Lingerie fiscal Q1 profit falls YOY

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

BLOG

Investment Banking Essentials Newsletter: June Edition

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Lovle Lingerie fiscal Q1 profit falls YOY

Lovable Lingerie Ltd. said its normalized net income for the fiscal first quarter ended June 30 came to 5.21 Indian rupees per share, a decline of 14.8% from 6.12 rupees per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 87.5 million rupees, a decrease of 14.8% from 102.8 million rupees in the prior-year period.

The normalized profit margin fell to 14.8% from 18.5% in the year-earlier period.

Total revenue climbed 6.5% year over year to 593.1 million rupees from 556.9 million rupees, and total operating expenses rose 7.0% year over year to 483.0 million rupees from 451.3 million rupees.

Reported net income decreased 20.9% from the prior-year period to 103.1 million rupees, or 6.14 rupees per share, from 130.3 million rupees, or 7.76 rupees per share.

As of Aug. 13, US$1 was equivalent to 61.07 Indian rupees.