Campus Activewear Shares Surge 14% on Strong Q4 Results
Campus Activewear's shares surged 14% after posting strong Q4FY24 earnings.
Net profit increased by 42.6% YoY, reaching ₹32.7 crore.
Revenue for Q4FY24 rose 4.6% YoY to ₹364 crore.
EBITDA grew 16% YoY, hitting ₹66.4 crore with an improved EBITDA margin of 18.3%.
Click Here Sequentially, net profit grew 31.5% from Q3FY24, while revenue declined 23% due to seasonal effects.
Despite this, shares hit a high of ₹296.10.
For FY24, net profit fell 23.7% to ₹89.4 crore, and revenue dropped 2.4%.
Campus Activewear repaid ₹156 crore, achieving net-debt-free status.
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