Tag: profit

LVMH H1 Net Profit Up 62% Vs. 2019 as Fashion Sales Soar

PARIS – LVMH Moët Hennessy Louis Vuitton said net profit jumped 62 percent in the first half versus the same period in 2019, and was 10 times the level recorded last year at the height of the coronavirus pandemic. The result was fueled by record sales in its key fashion and leathers goods division, led by Louis Vuitton and Dior.

The luxury conglomerate, which owns 75 brands ranging from Dom Pérignon Champagne to Bulgari jewelry, reported that group sales rose 89 percent to 14.7 billion euros in the three months to June 30, following a 32 percent jump in

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Mittal Life Style standalone net profit declines 84.00{1a2a5022a52b7f44d3c003be9afa129e2349806f3225e736ca8b1c4309d27447} in the March 2021 quarter


Sales decline 11.16{1a2a5022a52b7f44d3c003be9afa129e2349806f3225e736ca8b1c4309d27447} to Rs 23.17 crore

Net profit of Mittal Life Style declined 84.00{1a2a5022a52b7f44d3c003be9afa129e2349806f3225e736ca8b1c4309d27447} to Rs 0.12 crore in the quarter ended March 2021 as against Rs 0.75 crore during the previous quarter ended March 2020. Sales declined 11.16{1a2a5022a52b7f44d3c003be9afa129e2349806f3225e736ca8b1c4309d27447} to Rs 23.17 crore in the quarter ended March 2021 as against Rs 26.08 crore during the previous quarter ended March 2020.

For the full year,net profit declined 82.89{1a2a5022a52b7f44d3c003be9afa129e2349806f3225e736ca8b1c4309d27447} to Rs 0.26 crore in the year ended March 2021 as against Rs 1.52 crore during the previous year ended March 2020. Sales declined 47.72{1a2a5022a52b7f44d3c003be9afa129e2349806f3225e736ca8b1c4309d27447} to Rs 52.15 crore

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