TCNS Clothing Co.
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TCNS Clothing Co. Q1 24/25 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for TCNS Clothing Co. Limited
Q1 24/25 earnings summary2 Aug, 2024

Executive summary

  • Unaudited financial results for the quarter ended June 30, 2024, were approved by the Board and reviewed by auditors, with no material misstatements identified.

Financial highlights

  • Revenue from operations for Q1 FY25 was ₹2,061.64 million, down from ₹2,113.22 million in Q4 FY24 and ₹2,097.58 million in Q1 FY24.

  • Loss before tax for Q1 FY25 stood at ₹795.58 million, compared to a loss of ₹842.19 million in Q4 FY24 and ₹492.82 million in Q1 FY24.

  • Loss after tax for Q1 FY25 was ₹591.32 million, versus ₹640.69 million in Q4 FY24 and ₹367.62 million in Q1 FY24.

  • Basic and diluted EPS for Q1 FY25 was (₹9.42), compared to (₹10.07) in Q4 FY24 and (₹5.87) in Q1 FY24.

Outlook and guidance

  • The Scheme of Amalgamation with Aditya Birla Fashion and Retail Limited (ABFRL) was approved by shareholders and is pending NCLT sanction.

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