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.