**1. Business Performance:** Revenue grew 18.8% YoY to ₹81.74 Cr.

The company achieved a positive Profit Before Tax of ₹0.14 Cr, a significant turnaround from a ₹(6.04) Cr loss a year ago.

EBITDA surged 233.5% to ₹7.57 Cr, driven by a 193 bps gross margin expansion to 41.0%. Online sales soared over 1,110%, now 13% of revenue, with Large Format Outlets also showing strong growth. **2. Growth Drivers or Strategy:** Strategy focuses on profitable growth and operational discipline.

This includes strengthening omni-channel presence, optimizing inventory, and enhancing customer experience through sharper assortments, supported by an asset-light model and tech-enabled operations. **3. Recent Developments:** The brand launched new concept stores for immersive retail and refreshed its architecture with four sub-labels.

Its exclusive store network expanded to 176 doors. **4. Key Financial Metrics:** Net loss narrowed 86.6% YoY to ₹(0.83) Cr.

Gross working capital days improved 33 days to 294. Rolling 12-month revenue reached ₹391 Cr. **5. Management Commentary / Outlook:** Management highlights positive PBT return and commitment to accelerating profitable growth via innovation.

A healthy order book (up 15-20%) and expected festive demand offer strong forward visibility, with continued focus on margin expansion and financial discipline.