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- NSEI:GOCOLORS
Go Fashion (India) Full Year 2024 Earnings: EPS Misses Expectations
Go Fashion (India) (NSE:GOCOLORS) Full Year 2024 Results
Key Financial Results
- Revenue: ₹7.80b (up 17% from FY 2023).
- Net income: ₹827.8m (flat on FY 2023).
- Profit margin: 11% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: ₹15.32 (down from ₹15.33 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Go Fashion (India) EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Specialty Retail industry in India.
Performance of the Indian Specialty Retail industry.
The company's shares are down 6.1% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Go Fashion (India)'s balance sheet.
Valuation is complex, but we're helping make it simple.
Find out whether Go Fashion (India) is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NSEI:GOCOLORS
Go Fashion (India)
Engages in the design, development, sourcing, marketing, and retailing of women’s bottom-wear and kids apparel products under the Go Colors brand in India.
Flawless balance sheet with reasonable growth potential.