Lovable Lingerie Reports 1060% Surge in Q1 Net Profit, Revenue Up 8.3%
Multiplus Holdings, a key player in the Indian lingerie market, has announced impressive Q1 financial results. The company's total income grew by 8.3% year-over-year to Rs. 1,863.10 lakhs. Net profit skyrocketed by 1060% to Rs. 354.56 lakhs compared to the same quarter last year. Earnings per share (EPS) increased by 70.2% to Rs. 2.40. Despite a 13.6% rise in total expenses to Rs. 1,682.41 lakhs, the company's significant revenue growth and improved operational efficiency led to enhanced profitability.
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Multiplus Holdings , a prominent player in the Indian lingerie market, has reported a remarkable financial performance for the first quarter. The company's results showcase significant growth in both revenue and profitability, indicating a strong start to the fiscal year.
Revenue Growth
The company achieved a total income of Rs. 1,863.10 lakhs for the quarter, marking an 8.3% year-over-year increase from Rs. 1,719.83 lakhs in the same quarter of the previous year. This growth in revenue demonstrates the company's ability to expand its market presence and effectively meet consumer demand.
Profit Surge
Multiplus Holdings' bottom line witnessed an extraordinary improvement. The net profit for the quarter surged to Rs. 354.56 lakhs, representing a staggering 1060% increase compared to Rs. 30.54 lakhs in the corresponding period last year. This substantial growth in profitability underscores the company's successful efforts in enhancing operational efficiency and cost management.
Earnings Per Share
The company's earnings per share (EPS) also reflected this strong performance. Both basic and diluted EPS reached Rs. 2.40, showing a significant 70.2% year-over-year growth from Rs. 1.41 in the same quarter of the previous year.
Expense Management
Total expenses for the quarter stood at Rs. 1,682.41 lakhs, compared to Rs. 1,480.59 lakhs in the same period last year. Despite the increase in expenses, the company's ability to grow its revenue at a faster pace has resulted in improved profitability.
Financial Position
| Particulars (Rs. in lakhs) | Q1 FY2026 (Unaudited) | Q1 FY2025 (Unaudited) | YoY Change (%) |
|---|---|---|---|
| Total Income | 1,863.10 | 1,719.83 | 8.3% |
| Total Expenses | 1,682.41 | 1,480.59 | 13.6% |
| Net Profit | 354.56 | 30.54 | 1060.0% |
| EPS (Rs.) | 2.40 | 1.41 | 70.2% |
The financial results indicate a significant improvement in Multiplus Holdings' operational efficiency and profitability. The company's ability to achieve such substantial growth in net profit, despite a modest increase in revenue, suggests successful implementation of cost-saving measures and potentially improved product mix or pricing strategies.
Investors and market analysts are likely to view these results positively, as they demonstrate the company's resilience and ability to generate strong returns. As Multiplus Holdings continues to navigate the competitive lingerie market, maintaining this growth trajectory will be crucial for long-term success and shareholder value creation.
Historical Stock Returns for Multiplus Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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