The company’s Profit After Tax (PAT) stood at Rs 52.3 crore, marking an increase from Rs 43.9 crore in nine months of the previous fiscal (9MFY24)
Marking a healthy improvement in its performance, Cantabil Retail India has reported a 19 per cent year-on-year (YoY) growth in revenue from operations for the nine-month period of the current fiscal (9MFY25). The revenue reached Rs 502.0 crore, up from Rs 421.3 crore in the same period last year. The company also marked growth in Earnings Before Interest, Depreciation, Tax, and Amortization (EBITDA) as it rose to Rs 146.4 crore, compared to Rs 117.9 crore in 9MFY24. The EBITDA margin improved to 29.2 per cent during the period.
The company’s Profit After Tax (PAT) stood at Rs 52.3 crore, marking an increase from Rs 43.9 crore in 9M FY24, while maintaining a PAT margin of 10.4 per cent. The robust financial performance highlights Cantabil Retail’s consistent growth strategy and strong consumer demand, even in a competitive retail market.
As part of its key growth strategies, the company has focused on strengthening same-store growth (SSG), achieving a record SSG growth of 17.7 per cent in Q3 FY25. This has been driven by strategic product innovation, better inventory management, and enhanced store-level incentives to improve sales and profitability.
In line with its expansion plans, Cantabil Retail added 43 new stores in 9M FY25, bringing its total store count to 576 as of December 31, 2024. The company aims to increase this number to over 700 stores in the next two years, with a particular focus on Tier-2 and Tier-3 cities. Additionally, it plans to expand its presence in the women’s and kids’ wear segments, catering to growing demand in these categories.
To drive operational efficiency, Cantabil Retail is investing in a new multi-level warehousing facility and corporate office, which is expected to reduce costs, enhance inventory management, and streamline supply chain operations. These initiatives are aligned with the company’s vision of long-term profitability and market leadership.
Commenting on the company’s performance, Vijay Bansal, Chairman & Managing Director, Cantabil Retail India, said, “We are pleased to report a historic quarterly performance for Q3 FY25, setting multiple benchmarks. The record SSG of 17.7 per cent underscores the strength of our brand. Achieving our highest-ever quarterly revenue and PAT, despite a challenging market, reflects our customer-centric approach and long-term growth potential. Our strategic expansion and operational efficiencies will continue to drive market leadership.”
With its strong brand positioning, aggressive expansion plans, and focus on operational efficiencies, Cantabil Retail is well-poised for sustained growth in the coming years, further solidifying its position as a leading retail player in India.
