Campus Activewear Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 13, 2023 at 08:06 am EST
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Campus Activewear Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 4,656.21 million compared to INR 4,335.48 million a year ago. Revenue was INR 4,664.97 million compared to INR 3,339.11 million a year ago. Net income was INR 483.14 million compared to INR 547.18 million a year ago. Basic earnings per share from continuing operations was INR 1.59 compared to INR 1.8 a year ago. Diluted earnings per share from continuing operations was INR 1.58 compared to INR 1.8 a year ago.
For the nine months, sales was INR 11,364.99 million compared to INR 8,418.44 million a year ago. Revenue was INR 11,386.72 million compared to INR 8,439.46 million a year ago. Net income was INR 941.73 million compared to INR 855.83 million a year ago. Basic earnings per share from continuing operations was INR 3.09 compared to INR 2.82 a year ago. Diluted earnings per share from continuing operations was INR 3.09 compared to INR 2.82 a year ago.
Campus Activewear Limited is an India-based sports and athleisure footwear company. The Company is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network. The Company has established an Indian sports and athleisure (S&A) brand. The Company offers a range of products catering to the needs of the entire family for every occasion throughout the day. The Company's product categories include men, women and kids. It offers various shoes, such as running shoes, walking shoes, casual shoes, sports shoes and sneakers. It offers various sandals & floaters, such as casual, sports and clogs. Its slipper products include flip flops and slides. The Company's feature collections include retro kicks, air-capsule, nitrofly, nitro boost, ball-tech, Ogs, motomania, yoga flex and chunky sneakers. The Company also offers socks. The Company's kids feature collections include Tom and Jerry, Justice League and Ben 10.