Mirza International's Q1 Profit Soars on Exceptional Items, Revenue Shows Modest Growth Aug 02, 2025
Mirza International Limited reported a significant increase in profit for Q1, with standalone profit rising to Rs. 17.67 crore from Rs. 1.10 crore year-over-year, a 1,511% increase. This surge was primarily attributed to exceptional items worth Rs. 18.61 crore. Revenue from operations grew modestly by 3.14% to Rs. 141.42 crore. The company's footwear segment generated Rs. 120.48 crore in revenue with Rs. 6.87 crore profit, while the tannery segment contributed Rs. 45.97 crore in revenue with Rs. 0.39 crore profit. Consolidated results mirrored standalone performance. The Board approved a scheme to amalgamate RTS Fashion Limited, a Dubai-based subsidiary, with Mirza International.
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