Monte Carlo Fashions Limited announced its financial results for the third quarter and nine months ended FY26. The company reported a revenue of ₹608 crore for Q3 FY26, marking an 11% year-on-year growth. EBITDA for the quarter stood at ₹166 crore with an EBITDA margin of 27.24%, a 7% increase year-on-year. Net profit for the quarter rose by 11% to ₹107 crore. For the first nine months of FY26, revenue from operations reached ₹996 crore, an 11% increase. EBITDA was ₹201 crore, also up by 11%, with an EBITDA margin of 20.23%. Profit after tax for the nine-month period increased by 17% year-on-year to ₹107 crore. The company saw a strong rebound in sales across most categories, with its Rock.it and Cloak & Decker brands performing consistently. The Home Textile segment also maintained robust growth. Footwear sales more than doubled compared to the same period last year, and online sales continued to show strong momentum. Monte Carlo Fashions plans to expand its retail footprint by opening 40 to 45 EBOs across India, with a focus on Western and Southern regions. The company added 5 new EBOs under Cloak & Decker during the quarter, bringing the total to 22, with plans to reach 25 to 30 by year-end. They have also partnered with quick commerce platforms for express deliveries and are leveraging Salesforce for digital transformation. Looking ahead, the company anticipates ending the year at the higher end of its 10-15% growth guidance and remains optimistic about multi-year growth. They are projecting a 15% to 20% growth for the next financial year, driven by strong sell-through and lower inventory levels. The company also mentioned an investment in a 35-megawatt PM KUSUM Solar project with an expected IRR of 18%.
