Monte Carlo Fashions Q2 FY26 Earnings Results: PAT Surges 102% YoY

Monte Carlo Fashions Limited announced its consolidated unaudited financial results for the quarter and half-year ended September 30, 2025. The winter wear and apparel brand demonstrated exceptional turnaround, returning to profitability in the festive quarter after Q1 off-season losses, driven by strong seasonal demand, robust inventory buildup and improved operational leverage across its branded textile garments portfolio.

Monte Carlo Fashions Q2 FY26 Earnings Results

For the quarter ended September 30, 2025, Monte Carlo achieved consolidated revenue from operations of ₹248.70 crore, registering exceptional growth of 13% YoY and 80% QoQ. Total income stood at ₹257.94 crore, up 13% YoY and 86% QoQ compared to the respective periods.

Profit before tax reached ₹21.78 crore, marking an outstanding expansion of 100% YoY, returning to profitability from a loss of ₹21.57 crore in Q1 FY26. Profit after tax stood at ₹16.26 crore, demonstrating robust growth of 102% YoY, compared to a loss of ₹16.22 crore in the previous quarter. Basic earnings per share were ₹7.84 for Q2 versus a loss of ₹7.82 in Q1 FY26.

Monte Carlo Fashions Half-Year FY26 Results

For the half year ended September 30, 2025, consolidated revenue from operations reached ₹387.23 crore, up 12% from ₹345.70 crore in H1 FY25. Total income totalled ₹406.91 crore, reflecting 12% growth year on year.

Half-year PBT marginally turned positive at ₹0.21 crore compared to a loss of ₹6.83 crore in H1 FY25. PAT came to ₹0.04 crore, returning to marginal profitability from a loss of ₹5.23 crore in H1 FY25. The turnaround demonstrates strong seasonal recovery in Q2, offsetting Q1 off-season losses.

Read More: Nykaa Q2 FY26 Earnings Results: Net Profit Jumps Over 3x; EBITDA Margins Expanded Highest Since IPO!

Working Capital and Liquidity

Trade receivables stood at ₹440.72 crore as of September 30, 2025, compared to ₹416.18 crore previously. Current borrowings increased to ₹506.34 crore from ₹286.93 crore at year-end, supporting working capital requirements for peak season inventory buildup. Cash and bank balances stood at ₹384.45 crore.

Operational Expenses

Cost of materials consumed for Q2 FY26 was ₹35.10 crore. Purchases of stock in trade stood at ₹191.11 crore. Changes in inventories showed a favourable movement of ₹112.83 crore, reflecting inventory liquidation during the festive season. Employee benefits expense stood at ₹35.59 crore, while finance costs were ₹12.94 crore for the quarter.

Subsidiary Structure

The consolidated results include wholly owned subsidiary MCFL Ventures Limited (formerly Monte Carlo Home Textiles Limited). The group operates in a single reportable business segment of manufacturing and trading of textile garments, primarily in India, focused on winter wear, casual wear and branded apparel categories.

Balance Sheet Position

Total assets stood at ₹1,953.46 crore as of September 30, 2025, up from ₹1,715.51 crore as of March 31, 2025. Total equity strengthened to ₹834 crore. The company maintains property, plant and equipment of ₹175.17 crore and right-of-use assets of ₹207.57 crore, reflecting an expanding retail footprint.

Monte Carlo Fashions Share Price Performance

On November 12, 2025, Monte Carlo Fashions share price opened at ₹698.15 on NSE, above the previous close of ₹696.45. During the day, it surged to ₹782.00 and dipped to ₹698.15. The stock closed at ₹771.15 by the end of the day. The stock registered a significant gain of 10.73%.

Over the past week, it has moved up by 7.97%, over the past month, it has moved up by 17.74%, and over the past 3 months, it has moved up by 44.66%.

Conclusion

Monte Carlo Fashions demonstrated exceptional consolidated turnaround in Q2 FY26 with PAT surging 102% YoY and returning to profitability from Q1 seasonal losses, powered by strong festive season demand, successful inventory conversion, operational leverage and brand momentum ahead of peak winter season across its diversified textile garments portfolio.

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