Lovable Lingerie news and archive

Lovable Lingerie profit soars 150.94 percent in March quarter

Net profit of Lovable Lingerie rose 150.94 percent to Rs 1.33 crore in the quarter ended March 2015 against Rs 0.53 crore during the previous quarter ended March 2014. Sales increased 16.26 percent to Rs 25.53 crores compared to Rs 21.96 crores during the previous quarter, last year. For the full year, net profit declined 6.81 percent to Rs...

Retail

Lovable's tie-up with Adidas gives its gains in the bourses

Shares of Lovable Lingerie surged 20 percent after the company announced that it has entered into a pact to make and market Adidas products in the Indian market. “The company has entered into a brand sublicensing agreement with ‘Global Merchandising’, an overseas company of Adidas Group and acquired license of its brand to manufacture,...

Apparel

Lovable Lingerie net profit slides 82.51 percent

Lovable Lingerie’s net profit has declined 82.51 percent to Rs 0.53 crore in the quarter ended March 2014 as against Rs 3.03 crore during the quarter ended March 2013. Sales increased 7.65 percent to Rs 21.96 crores during the quarter as against Rs 20.40 crores in the same quarter previous year. For the full year ended March 2014, net profit...

Apparel

Nalanda Capital increases stake in Lovable Lingerie

PE firm Nalanda Capital has increased its stake in Mumbai-based Lovable Lingerie from 5.06 percent to 8.79 percent by acquiring 1,476,812 shares the company said in a disclosure to the Bombay Stock Exchange (BSE). The shares were acquired last month under the Nalanda India Fund and the Nalanda India Equity Fund, the statement said. Incorporated...

Apparel

Lovable Lingerie Q1 profit increases to Rs 13.03 cr

Lovable Lingerie in its financial results for the period ended June 30, 2013 reported net sales/income from operations of Rs 55.68 crores against Rs 52.76 crores for the quarter ended June 30, 2012. The net profit/loss was at Rs 13.03 crores for the quarter as against Rs 7.51 crores for same quarter last year in June. The company has reported an...