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Monte Carlo Fashions Restricted on Monday posted fiscal fourth quarter revenue at Rs 19.82 crore, up 55.3 per cent as in opposition to Rs 12.76 crore in the identical quarter earlier 12 months. It posted income from operations at Rs 236.72 crore, up 45.7 per cent compared to Rs 162.46 crore within the fourth quarter of FY22. The corporate EBITDA stood at Rs 32.3 crore, up 43.1 per cent on-year. The Board additionally really helpful a ultimate dividend of Rs 20 per fairness share (that’s, 200 per cent) having face worth of Rs 10 every for the monetary 12 months 2022-23. Monte Carlo additionally reappointed Rishabh Oswal as the manager director of the corporate for a interval of 5 years, with impact from 1st June, 2023.
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