Monte Carlo Fashions Limited has informed the Exchange regarding Board meeting held on August 06, 2025.
MONTECARLO · price
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Monte Carlo Fashions' board, meeting on August 6, 2025, approved the standalone and consolidated unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), along with a clean limited review report from Deloitte Haskins & Sells. Revenue from operations grew about 10% year-on-year to ₹13,853 lakhs (standalone), up from ₹12,600 lakhs in Q1 FY25. However, the company slipped deeper into the red with a standalone net loss of ₹1,632 lakhs versus ₹1,327 lakhs a year ago, and a consolidated loss of ₹1,622 lakhs. Total expenses rose to ₹17,066 lakhs from ₹15,101 lakhs, driven by higher employee costs, finance costs, and depreciation, pointing to margin pressure. The company also notified that its 17th Annual General Meeting will be held on September 29, 2025 via video conferencing.
Widening quarterly losses despite revenue growth highlight ongoing margin stress and the high fixed-cost base of the business; however, Monte Carlo's apparel business is seasonal (winter-heavy), so the stock's reaction will hinge on investor confidence in a strong H2 turnaround similar to FY25's full-year profit of ₹7,980 lakhs.