Bella Casa Fashion & Retail Q4 net profit jumps 94 percent to Rs 2 crore
Fashion and home textile firm Bella Casa Fashion & Retail Ltd witnessed a 94 percent rise in its net profit to Rs 2 crore ($274,019) for the fourth quarter ended March 2021, as against a net profit of Rs 1 crore it had reported in the year-ago period.
The company’s revenue for the quarter rose by 41 percent to Rs 50 crore, as against a net profit of Rs 45 crore it reported in the corresponding period previous fiscal year.
For the financial year 2020-21, the company’s net profit declined by 41 percent to Rs 5 crore, as against Rs 9 crore during the previous year ended March 2020, while revenue dropped by 21 percent to Rs 129 crore, as against Rs 163 crore during the previous year.
Bella Casa Fashion & Retail Ltd (BCFRL) is one of India’s largest manufacturers and distributors of home textile products and designer ethnic wear. It has a network of 80 authorised dealers/wholesalers and reaches out to around 3,000 retailers across the country.
The company also has a strong online presence through its platform and e-commerce companies like Flipkart, Amazon, Ajio, and more.
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