Lovable Lingerie Limited — Updates, 15-02-2025: Press Release

Lovable Lingerie Limited has published the un-audited financial results for the quarter and half-year ending December 31, 2024. During this period, the company reported total income from operations of ₹39.36 crore, compared to ₹64.62 crore in the previous year, indicating a significant decline. The net loss for the quarter was ₹2.65 crore, reflecting the impact of market conditions on performance. Paid-up equity share capital remained stable at ₹21.90 crore.

The company's financial health demonstrated a debt-equity ratio of 2.28, suggesting a higher reliance on debt financing. The consistent operational challenges in the sector pose risks for revenue recovery. Investors should observe the company’s strategic adjustments closely as it navigates these market conditions, considering the potential for operational improvements and market recovery in the future.