Campus Activewear Q4 Financial Results – May 28, 2024
Campus Activewear, a leading activewear company, has reported impressive Q4 results for the year 2024. The company’s revenue saw a significant increase of 3009.33% year-over-year, while the profit also surged by 2963.04% compared to the previous year.
However, in comparison to the previous quarter, the revenue declined by 22.91%, but the profit still managed to increase by 31.58%. The selling, general, and administrative expenses rose by 1.84% quarter-over-quarter and a staggering 1396.61% year-over-year.
The operating income also showed positive growth, with a 19.5% increase quarter-over-quarter and a remarkable 2611.86% increase year-over-year. The earnings per share (EPS) for Q4 stood at ₹1.07, showing a slight decrease of 1.58% year-over-year.
Despite the strong financial performance, Campus Activewear’s stock has seen a negative return in the last week, last six months, and year-to-date. As of now, the company has a market capitalization of ₹7640.55 Cr with a 52-week high/low of ₹344.4 and ₹213 respectively.
Analysts covering the company have given varied ratings, with a consensus recommendation to Buy as of 29 May, 2024. The company’s financials for Q4, including total revenue, operating expenses, and net income, have shown significant growth compared to the previous quarter and year.
Investors and stakeholders are advised to stay updated on the company’s performance and market trends to make informed decisions. Campus Activewear’s strong financial results indicate a promising future for the company in the activewear industry.
