Monte Carlo Fashions Limited, reported consolidated revenue from operations of Rs. 280.3 crore (US $29.09 million) in Q4 FY ’26, registering a 36% increase from Rs. 205.9 crore (US $21.37 million) in the corresponding quarter last year.
The company, established by Oswal Woollen Mills Ltd., and part of the Nahar Group, posted a net profit of Rs. 5 crore (US $519,000) during the quarter, compared to a loss of Rs. 10.3 crore (US $1.06 million) in Q4 FY ’25, while total income rose to Rs. 288.3 crore (US $29.92 million) from Rs. 218.8 crore (US $22.71 million) a year earlier.
However, on a sequential basis, revenue declined 54% from Rs. 608.4 crore (US $63.16 million) in Q3 FY ’26, and net profit fell 95% from Rs. 107 crore (US $11.10 million), as winterwear demand moderated after the peak festive and seasonal quarter. Profit before tax stood at Rs. 4.4 crore (US $456,000) against Rs. 132 crore (US $13.70 million) in the previous quarter.
The company stated that its business remains seasonal in nature, resulting in uneven quarterly performance, while the implementation of new labour codes led to higher gratuity and leave encashment liabilities.
For FY ’26, consolidated revenue from operations increased 16% to Rs. 1,276 crore (US $132 million) from Rs. 1,100 crore (US $114 million) in FY ’25, while net profit rose 38% to Rs. 112.1 crore (US $11.63 million) from Rs. 81.2 crore (US $8.42 million). Total income stood at Rs. 1,321 crore (US $137 million) against Rs. 1,136 crore (US $117 million) in the previous financial year.
Furthermore, the company approved an investment of up to Rs. 50 lakh (US $52,000) in its wholly owned subsidiary, MCFL Energy Projects Private Limited, aimed at strengthening its solar energy initiatives.
