News: Zodiac Clothing Company Limited, a renowned manufacturer of men’s clothing, has recently unveiled its Q3 financial results for 2024. Let’s delve into the key highlights and understand what they mean for investors and fashion enthusiasts.
Date and Time of Announcement
On February 14, 2024, Zodiac Clothing Company shared its Q3 results. Investors and industry watchers eagerly awaited this update to assess the company’s performance during the quarter.
Financial Snapshot
Here’s a snapshot of Zodiac Clothing Company’s Q3 financials:
- Total Income: The company reported a total income of ₹171.79 crores.
- Gross Profit: Zodiac Clothing Company achieved a gross profit of ₹15.50 crores.
- Operating Income: The operating income stood at ₹15.66 crores.
- Net Income After Taxes: The net income after taxes was ₹2.64 crores.
Share Price and Target
As of February 7, 2024, Zodiac Clothing Company’s share price on the stock exchanges was ₹335. Investors closely monitor this figure, as it reflects market sentiment and the company’s financial health.
Price Target Analysis: Based on the company’s performance and industry trends, analysts project that Zodiac Clothing Company’s share price may reach around ₹350-360 in 2024.
Our Journey
Established in 1954 as the ‘House of Zodiac,’ the company started as a necktie manufacturer. Over the years, Zodiac has evolved into a global brand, offering a wide range of men’s apparel and accessories.
Collections for Every Occasion
Quality Craftsmanship
Zodiac’s commitment to quality is unwavering. Each garment is meticulously crafted, ensuring durability, comfort, and timeless appeal.
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Zodiac Clothing Company’s Q3 results provide valuable insights for investors. While short-term fluctuations occur, a long-term perspective is crucial. As the company continues its journey, informed decisions will pave the way for growth.
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