The consolidated reported profit before tax stood at Rs 33 crore during the quarter, down by 44 per cent on a YoY basis on account of the one-time wage code provision of Rs 39 crore
Adjusted Ebitda margin (as a percentage of net order value) turned positive for the first time on a quarterly basis
The brand expects quick commerce to contribute nearly 60 per cent of overall sales in the next three months
The spiritual commerce arm of the company is currently operating at an annualised run rate of over Rs 200 crore
General trade has contributed to 80 per cent sales in the recently concluded quarter for RCPL
The company states that MyFitness and PartyPropz derive nearly 30 per cent of their total sales from quick commerce channels
Following the initial validation of the consumer business in select geographies, the company is focused on aggressive scale up of its business-to-consumer (B2C) consumer franchise
The company notes that the growth was primarily driven by strong festive and wedding season demand
The on-year growth includes retail business growth of around 49 per cent and same-store-sales-growth (SSSG) of around 39 per cent growth
The company notes that the revenue witnessed an uptick of 18 per cent on a YoY basis in nine months of the current fiscal year.
