LIBAS
Libas Consumer Products Ltd
₹18.7
Libas Consumer Products Ltd Results Summary
Revenue | ₹28.14Cr |
Net Profits | ₹3.84Cr |
Net Profit Margins | 13.65% |
Highlights
Libas Consumer Products Ltd’s revenue jumped 42.77% since last year same period to ₹28.14Cr in the Q2 2022-2023. On a quarterly growth basis, Libas Consumer Products Ltd has generated 99.01% jump in its revenue since last 3-months.
Libas Consumer Products Ltd’s net profit jumped 45.45% since last year same period to ₹3.84Cr in the Q2 2022-2023. On a quarterly growth basis, Libas Consumer Products Ltd has generated 207.2% jump in its net profits since last 3-months.
Libas Consumer Products Ltd’s net profit margin jumped 1.88% since last year same period to 13.65% in the Q2 2022-2023. On a quarterly growth basis, Libas Consumer Products Ltd has generated 54.36% jump in its net profit margins since last 3-months.
Key Ratios
Key ratios of the Libas Consumer Products Ltd post its Q2 2022-2023 results
Earning Per Share (EPS) | 6.03 |
Return on Equity (ROE) | 8.06 |
Highlights
Libas Consumer Products Ltd’s earning per share (EPS) jumped 30.89% since last year same period to 6.03 in the Q2 2022-2023. This indicates that the Libas Consumer Products Ltd has generated 30.89% annual rate of jump in its earning per share (EPS) in the last 4 quarters.
The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Libas Consumer Products Ltd’s return on equity (ROE) stands at 8.06.
Company Information
Libas Designs Limited was incorporated on November 10 2004 as Private Limited Company under the Companies Act 1956 and the same was converted in Public Limited Company on 20th September 2016. In the Current Financial Year the Company changed its name to Libas Consumer Products Limited . The Company is engaged mainly in the process of fabrication of fabric into garments and other products through customization. The Company offers 50 off on custom wedding wear. The Company is a game changer when it comes to Custom Made Indian Ethnic Outfits especially Wedding Wear. Customers can buy their choice products without lifting a finger. The Company offer Life Changing designer clothes to customers.The Companys brand Riyaz Ganji Libas is an established label in Tinsel Town. The Companys Mumbai production facility have a capacity of 35000 to 40000 pieces. Apart from own retail stores Shoppers Stop and select online websites are the Companys retail partners. Accordingly fashion is a famous aesthetic expression especially in clothing lifestyle and accessories. Most people opt for apparel that reflects their personality. Therefore design clothes that are functional and aesthetically pleasing are necessary to meet the demands of every individual.Riyaz Ganji is one of the amazing fashion brands that focuses on quality results from the customers. The designs are creative enough to demand attention from audience. Passionate about having perfect designs made for customers the Company offer best quality products that target and transform deputies styling problems coupled with attractive designer clothes. During the year 2021 the Company had issued Bonus Shares in the ratio of 1:5 i.e. 1 equity shares allotted for every 5 shares held and allotted the same in the month of April 2021.
Organisation | Libas Consumer Products Ltd |
Headquarters | Mumbai |
Industry | Textiles |
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