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.

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