Campus Activewear Q1 profit rises 17.7 per cent as revenue climbs to Rs 385 crore

New Delhi: Campus Activewear Limited has started FY27 on the right foot, reporting a 17.7 per cent year-on-year increase in net profit for the first quarter, helped by healthy revenue growth and disciplined cost management despite seasonal softness in sales compared with the previous quarter.

The footwear maker posted revenue from operations of Rs 385.2 crore for the quarter ended June 30, up 12.2 per cent from Rs 343.4 crore in the corresponding period last year. Revenue, however, declined sequentially from Rs 455.6 crore in the March quarter, reflecting normal seasonality in the business.

Net profit rose to Rs 26.1 crore from Rs 22.2 crore a year ago, while profit before tax increased 16.2 per cent to Rs 35.3 crore. Earnings per share improved to Rs 0.86, compared with Rs 0.73 in the year-ago quarter.

Including other income of Rs 8 crore, total income for the quarter stood at Rs 393.2 crore, up from Rs 349.5 crore in the corresponding quarter of FY26.

The company’s total expenses increased to Rs 358 crore from Rs 319 crore a year earlier, largely reflecting higher production volumes and investments to support growth. Material consumption rose sharply to Rs 257.1 crore, while employee benefit expenses increased to Rs 37.1 crore from Rs 32.2 crore.

Campus also reported an inventory build-up during the quarter, indicating preparations for upcoming demand, while finance costs remained broadly stable at Rs 4.8 crore and depreciation and amortisation expenses increased marginally to Rs 22.6 crore.

The company reported total comprehensive income of Rs 25.8 crore, after accounting for a small actuarial loss related to employee benefit plans.

Separately, the board confirmed that shareholders will consider a final dividend of Rs 1.50 per equity share for FY26, with July 31, 2026, fixed as the record date.

Campus said it continues to operate as a single business segment, focused on footwear and related products, and therefore does not require consolidated financial reporting as it has no subsidiaries, associates or joint ventures.

The company also reiterated that its transition from the First In, First Out (FIFO) method to the Moving Weighted Average method for inventory valuation, implemented in the previous financial year, remains in effect to better reflect consumption patterns.

With double-digit revenue growth, expanding profitability and a continued focus on operational efficiency, Campus Activewear has begun FY27 on a solid footing as it looks to build momentum through the remainder of the financial year.