Monte Carlo Revenue Up, But Margins Down In Q2 FY25

Monte Carlo Fashions Ltd has reported a revenue growth of 3.4% in Q2 FY25, reaching Rs 2,197 million, compared to Rs 2,124 million in the same quarter last year. However, rising costs impacted profitability, with EBITDA falling 17.3% to Rs 283 million and PAT declining 40.3% to Rs 80 million.

For the first half of FY25, the company’s revenue stood at Rs 3,457 million, reflecting a marginal decline of 1.6% year-on-year. EBITDA dropped 13.3% to Rs 260 million, while the company posted a net loss of Rs 53 million, a reversal from a profit of Rs 18 million in H1 FY24.

Monte Carlo expanded its retail presence, adding new exclusive brand outlets (EBOs) for its home textiles, Rock.it, and Cloak & Decker brands. Online sales gained traction with partnerships for quick deliveries on platforms like Blinkit and Swiggy. Despite short-term challenges, the company remains focused on driving operational efficiency, diversifying its product mix and strengthening its market presence.