Monte Carlo optimistic about reaching growth target in FY16

Fashion brand Monte Carlo’s third quarter was a little subdued with EBITDA margins down at 21.9 per cent compared to 23 per cent as reported in the same fiscal last year. However, the profit after tax was up by 9 per cent at Rs 44.5 crores as against Rs 40.8 crores. Even the total income was up 12 per cent at Rs 351.5 crores as against Rs 313 crores year-on-year.