Campus Activewear Reports Q1 Revenue Growth Amid Profit Decline
Campus Activewear reported Q1 FY24 results with mixed performance. Revenue increased by 1.2% to ₹343.27 crore, while net profit decreased by 12.5% to ₹22.20 crore. EBITDA fell to ₹48.80 crore, with margin compression to 14.24%. The company announced a final dividend of ₹0.30 per share, subject to shareholder approval. The 17th AGM is scheduled for September 23, with a record date of September 10 for dividend eligibility.

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Campus Activewear Limited has released its financial results for the first quarter, showcasing a mixed performance with revenue growth but a decline in profitability.
Financial Highlights
The company reported a net profit of 22.20 crore rupees for Q1, down from 25.38 crore rupees in the same period last year, marking a 12.5% decrease. Despite the profit decline, Campus Activewear saw a slight increase in revenue, which rose to 343.27 crore rupees from 339.16 crore rupees year-over-year, representing a growth of about 1.2%.
Operational Performance
The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter stood at 48.80 crore rupees, down from 51.70 crore rupees in the previous year. Consequently, the EBITDA margin compressed to 14.24% from 15.26% in the corresponding quarter of the last fiscal year.
Key Financial Metrics
Metric | Q1 (Crore ₹) | Q1 (Crore ₹) | YoY Change |
---|---|---|---|
Revenue | 343.27 | 339.16 | +1.2% |
Net Profit | 22.20 | 25.38 | -12.5% |
EBITDA | 48.80 | 51.70 | -5.6% |
EBITDA Margin | 14.24% | 15.26% | -102 bps |
Dividend Announcement
The Board of Directors has recommended a final dividend of 0.30 rupees per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Upcoming Corporate Events
- The company has scheduled its 17th Annual General Meeting for September 23, to be held through video conferencing.
- The record date for determining shareholder eligibility for the final dividend has been set as September 10.
Campus Activewear continues to navigate a competitive market environment, focusing on revenue growth while addressing profitability challenges. Investors and analysts will be watching closely to see how the company's strategies unfold in the coming quarters to improve its bottom line while maintaining top-line growth.
Historical Stock Returns for Campus Activewear
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.80% | -3.37% | -12.24% | -5.66% | -11.15% | -33.12% |