Bella Casa Fashion Q3 net profit rises 8 percent to Rs 3 crore | Maqvi News

Bella Casa Fashion & Retail Ltd reported an 8 percent rise in net profit to Rs 2.5 crore ($3,01,207) for the October-December quarter, as against Rs 2.3 crore reported in the year-ago quarter.

The company’s revenue for the quarter rose by 13 percent to Rs 58 crore, as against Rs 51 crore reported in the corresponding quarter of the previous fiscal year.

Commenting on the results, Saurav Gupta, director of Bella Casa Fashion in a statement said, “With growing penetration of organised retail, the company continued its path of sustained growth. We are happy to handle 35 percent higher volumes during the quarter as compared to the same quarter last year. It also serves as an endorsement towards acceptability of our product designs and our execution strategies.”

“As preferred partners to our esteemed customers who are the backbone of Indian retail ecosystem we foresee significant business growth visibility, being aligned to their supply chain. This positive momentum is reflective of the synergy between our commitment to deliver quality products and the success of those we serve,” he added.

Bella Casa Fashion is one of India’s largest manufacturers and distributors of home textile products and designer ethnic wear. It has a network of 80 authorised dealers/wholesalers and reaches out to around 3,000 retailers across the country.