Monte Carlo Q1FY19 profit rises 20 per cent

Monte Carlo Fashions reported its results for the quarter ended June 30, 2018 on Monday after market hours.

The revenue for the quarter came in at Rs 80.93 crore, registering an increase of 26.9 per cent YoY.

Its EBITDA for the quarter rose by 57.1 per cent YoY to Rs. 13.32 crore, with a corresponding margin expansion of 316 bps. The EBITDA margin for the quarter stood at 16.5 per cent.

The PAT for the quarter came in at Rs. 6.25 crore, an increase of 20 per cent YoY.

Monte Carlo Fashions Limited is engaged in manufacturing of all types of textile garments and clothing accessories.

Today, the stock opened at Rs. 411.05 and touched intra-day high and low of Rs 426 and Rs. 410, respectively, and finally closed at Rs 413.95 on the BSE.