Cantabil Retail India Limited — Updates, 12-11-2024: Press Release

Revenue for Q2 FY25 has increased by 12% year-on-year to ₹151.2 crores, up from ₹135.1 crores in Q2 FY24. EBIDTA for the quarter rose 17%, reaching ₹34.5 crores, with an improved EBIDTA margin of 22.8% compared to 21.9% in the previous year. However, PAT decreased by 13% to ₹6.6 crores from ₹7.5 crores in Q2 FY24.

For H1 FY25, revenue grew by 13% to ₹279.1 crores from ₹246.9 crores last year, while EBIDTA increased by 16% to ₹73.9 crores, resulting in a margin of 26.5%. PAT for this half-year also saw a decline, amounting to ₹18.0 crores compared to ₹19.8 crores in H1 FY24, reflecting a PAT margin of 6.4%.

The company added 12 new stores during Q2 FY25, bringing the total to 556, with plans to expand to approximately 700 stores in the next two years, focusing on Tier 2 and Tier 3 cities. Despite challenging market conditions, the management remains optimistic about consumer demand, targeting sustainable growth through enhanced customer engagement and brand loyalty. Investors should watch closely for further developments as consumption dynamics improve.