Libas Consumer Products' Q1 FY 2025-26 Quarterly Results

Result Summary

• Libas Consumer Products Ltd reported a 38.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.8%.
• Its expenses for the quarter were down by 31.1% QoQ and up 2.6% YoY.
• The net profit decreased 140.3% QoQ and decreased 200.6% YoY.
• The earnings per share (EPS) of Libas Consumer Products Ltd declined at 0.56 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Libas Consumer Products Ltd operates within the consumer goods sector, primarily focusing on the apparel and textile industry. The company is known for its range of fashion products, including ethnic wear and western fashion apparel, which it markets under its brand name. Libas Consumer Products has established a niche in the fashion industry with a focus on both traditional and contemporary designs. Recent developments within the company or significant changes in its market strategy are not available in the current dataset. The company continues to cater to a diverse customer base, leveraging its brand reputation and product quality.

Revenue

During Q1FY26, Libas Consumer Products Ltd reported a total income of ₹18.22 crores. This represents a decline of 38.2% from the previous quarter's (Q4FY25) income of ₹29.47 crores. On a year-over-year basis, there was a slight decrease of 2.8% compared to the total income of ₹18.74 crores in Q1FY25. The decline in revenue both sequentially and annually is a significant point in this quarter's financial performance. The company needs to consider whether this aligns with seasonal trends or other external factors impacting sales.

Profitability

Libas Consumer Products Ltd experienced a notable downturn in profitability during Q1FY26. The profit before tax was reported at a negative ₹1.65 crores, a substantial drop from the positive ₹4.13 crores recorded in Q4FY25, marking a quarter-over-quarter decrease of 140.0%. Year-over-year, the profit before tax also fell from ₹1.74 crores in Q1FY25, a 194.8% decline. With no tax expenses reported for Q1FY26, the profit after tax mirrored the pre-tax figures at a loss of ₹1.65 crores, compared to a profit of ₹4.09 crores in Q4FY25 and ₹1.64 crores in Q1FY25. The earnings per share (EPS) also suffered, registering at -₹0.56 in Q1FY26, down from ₹1.57 in Q4FY25 and ₹0.62 in Q1FY25. These figures highlight a challenging quarter for the company's profitability metrics.

Operating Metrics

The total expenses for Libas Consumer Products Ltd in Q1FY26 amounted to ₹17.46 crores, which is a decrease of 31.1% from ₹25.34 crores in Q4FY25. Year-over-year, total expenses increased by 2.6% from ₹17.01 crores in Q1FY25. This indicates a reduction in operational costs from the previous quarter but a slight increment compared to the same quarter in the previous year. Despite the reduction in expenses quarter-over-quarter, the company's operating metrics indicate a struggle to maintain profitability, as evidenced by the negative earnings and significant declines in profit before and after tax figures. The lack of tax expenses in Q1FY26 suggests no taxable income due to the recorded losses for the period.