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News Details

30/05/2026 18:20

Garment Mantra Life posts Q4 net loss of Rs 1.70 cr

The company reported standalone net loss during the quarter stood at Rs 1.70 crore compared to net profit of Rs 0.64 crore in the previous year quarter.ÿ

Net revenue of the company rose substantially by 35.19 per cent at Rs 23.32 crore in January-March quarter of this fiscal as against Rs 17.25 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 69.56 per cent to Rs 26.74 crore from Rs 15.77 crore in year ago period.

Other Income grew by 1300.00 per cent at Rs 1.54 crore versus (Mar'25 Rs 0.11 crore).

Operating Profit slipped by 331.08 per cent to Rs -3.42 crore as against Rs 1.48 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 270.95 per cent in March quarter.

Interest declined by 42.11 per cent y-o-y to Rs 0.11 crore, while Taxation decreased by 385.71 per cent at Rs -0.20 crore (Mar'25 Rs 0.07 crore).