Campus Activewear Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 09, 2023 at 05:02 am
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Campus Activewear Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 2,586.6 million compared to INR 3,331.7 million a year ago. Revenue was INR 2,591 million compared to INR 3,339.1 million a year ago. Net income was INR 3.2 million compared to INR 145.4 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.48 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.48 a year ago.
For the six months, sales was INR 6,124.2 million compared to INR 6,708.8 million a year ago. Revenue was INR 6,130.7 million compared to INR 6,721.8 million a year ago. Net income was INR 318 million compared to INR 458.6 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to INR 1.51 a year ago. Diluted earnings per share from continuing operations was INR 1.04 compared to INR 1.5 a year ago.
Campus Activewear Limited is an India-based sports and athleisure footwear company. The Company is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network. The Company has established an Indian sports and athleisure (S&A) brand. The Company offers a range of products catering to the needs of the entire family for every occasion throughout the day. The Company's product categories include men, women and kids. It offers various shoes, such as running shoes, walking shoes, casual shoes, sports shoes and sneakers. It offers various sandals & floaters, such as casual, sports and clogs. Its slipper products include flip flops and slides. The Company's feature collections include retro kicks, air-capsule, nitrofly, nitro boost, ball-tech, Ogs, motomania, yoga flex and chunky sneakers. The Company also offers socks. The Company's kids feature collections include Tom and Jerry, Justice League and Ben 10.