{"id":40700,"date":"2022-05-07T17:21:11","date_gmt":"2022-05-07T11:51:11","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-results-go-fashion\/"},"modified":"2022-05-07T17:21:11","modified_gmt":"2022-05-07T11:51:11","slug":"biz-results-go-fashion","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-go-fashion\/","title":{"rendered":"Go Fashion Q4 net up 73 pc to Rs 12 cr; sales up 29 pc to Rs 116 cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3941805132\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, May 7 (PTI) Go Fashion (India) Ltd, on Saturday reported a 72.75 increase in its net profit at Rs 12.30 crore for the fourth quarter ended March 2022, helped by increased cost efficiencies.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2571901139\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The company, which retails women&#8217;s bottom-wear under the brand &#8220;Go Colors&#8221;, had posted a net profit of Rs 7.12 crore in the January-March quarter a year ago, Go Fashion (India) Ltd said in a regulatory filing.<\/p>\n<p> Its revenue from operations was up 29.41 per cent to Rs 116.24 crore during the quarter under review, as against Rs 89.82 crore in the corresponding period a year ago.<\/p>\n<p> &#8220;With increased cost efficiencies, EBITDA (earnings before interest, taxes, depreciation, and amortization) and profit after tax have increased by 53 per cent and 73 per cent, respectively, to Rs 38 crore and Rs 12 crore for the quarter,&#8221; said Go Fashion (India) CEO Gautam Saraogi.<\/p><div class=\"trade-content_5\" id=\"trade-852210205\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Total expenses of Go Fashion, which was listed in November last year, were at Rs 104.27 crore, up 20.86 per cent in Q4\/FY 2021-22, as against Rs 86.27 crore of the corresponding period a year ago.<\/p>\n<p> &#8220;Our SSSG (Same-Store Sales Growth) is 17 per cent for the quarter and 31 per cent for the second half of the year,&#8221; he said.<\/p>\n<p> For the fiscal year ended March 2022, Go Fashion (India) revenue from operations was up 60.1 per cent at Rs 401.31 crore. It was Rs 250.66 crore for 2020-21.<\/p>\n<p> &#8220;During FY22, the company added 54 exclusive brand outlets (EBO) stores and we crossed the 500th store milestone during the last quarter. Keeping in line with our growth strategy to open more doors closer to the consumer, the company is pushing ahead with expansion,&#8221; said Saraogi. PTI KRH  DRR<\/p>\n<div class=\"trade-after-content\" id=\"trade-4079154513\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, May 7 (PTI) Go Fashion (India) Ltd, on Saturday reported a 72.75 increase in its net profit at Rs 12.30 crore for the fourth quarter ended March 2022, helped by increased cost efficiencies. The company, which retails women&#8217;s bottom-wear under the brand &#8220;Go Colors&#8221;, had posted a net profit of Rs 7.12 crore [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-40700","post","type-post","status-publish","format-standard","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Go Fashion Q4 net up 73 pc to Rs 12 cr; sales up 29 pc to Rs 116 cr - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-results-go-fashion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Go Fashion Q4 net up 73 pc to Rs 12 cr; sales up 29 pc to Rs 116 cr\" \/>\n<meta property=\"og:description\" content=\"New Delhi, May 7 (PTI) Go Fashion (India) Ltd, on Saturday reported a 72.75 increase in its net profit at Rs 12.30 crore for the fourth quarter ended March 2022, helped by increased cost efficiencies. 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