Go Fashion zooms on reporting 8% rise in Q1 net profit
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Go Fashion (India) is currently trading at Rs. 1245.25, up by 61.80 points or 5.22% from its previous closing of Rs. 1183.45 on the BSE.
The scrip opened at Rs. 1198.00 and has touched a high and low of Rs. 1318.10 and Rs. 1197.35 respectively. So far 10606 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1450.00 on 01-Nov-2022 and a 52 week low of Rs. 876.15 on 27-Feb-2023.
Last one week high and low of the scrip stood at Rs. 1318.10 and Rs. 1140.05 respectively. The current market cap of the company is Rs. 6690.36 crore.
The promoters holding in the company stood at 52.79%, while Institutions and Non-Institutions held 43.01% and 4.20% respectively.
Go Fashion (India) has reported results for first quarter ended June 30, 2023 (Q1FY24). The company has reported 7.53% rise in net profit at Rs 26.28 crore for the quarter under review as compared to Rs 24.44 crore for the same quarter in the previous year. Total income of the company increased by 14.77% at Rs 193.81 crore for Q1FY24 as compared Rs 168.87 crore for the corresponding quarter previous year.
Go Fashion (India) is engaged in the development, design, sourcing, marketing, and retailing of a range of women's bottom-wear products under the brand, 'Go Colors'.
