Globus, who started his journey in 1998 as a multi-multi-family outlet of the family that offers clothing, accessories and footwear, and rotated for a women’s e-commerce brand in 2023, grew by 212 % on an annual basis in exercise 25, Ranganath Kuppur, CEO, Globus Fashion, told Etroal.The brand closed FY 25 with 100 revenue cror and has made over 700,000 orders with presence on e-commerce platforms such as Myntra, Nykaa Fashion, Amazon, Ajio, Flipkart, Tatacliq, Meesho and Limeroad, together with its D2C platform.
“By this end of the fiscal year, we are observing the revenue watch of 180 RS and we plan to be an RS 300 crore brand by the end of the following tax year. We had a (-) operating margin of 30 % last year. Today, we are 12 % of the operating margin and we can’t wait to be positive ebrios at the end of this tax year”, he witnessed.
“Post-Covid, we got rid of all the dead inventory and today almost 70 % of our inventory is rapidly moved,” he added.The Mid-Premium brand offers 4,000 design and launches 250-300 design every month.
“We have an average sales value of INR 1,200 – Inr 1,500,” he said.
Recently, the brand has again broken in the offline space by opening its first shop in Punne and plans to open 2 other shops in Delhi and Bengaluru in the next 2 months.
“By the next financial year, we plan to open our Ebos. We are still about to understand the plan for the same,” he said.
Currently, 80 % of the revenues come from markets, 10 % from D2C and 10 % from offline stores.
Apart from this, the brand is also betting great on the international market. It has been launched in GCC in February and so far has a presence in KSA and United Arab Emirates.
“Going forward, we also intend to expand to markets such as the United States, Canada, Singapore, the United Kingdom and Australia. We are also about to create our warehouse also in some of these regions,” he said.At the end of this tax year, the brand is observing the revenues of 25 % from the global market.
The consumer of Honasa, parent of Mamaearth, saw an increase in profits in June 2025. The net profit of the company increased by 2.7%. The revenues have reached a maximum record of RS 595 Crore, marking a 7%increase. Mamaearth has shown two -digit growth between the key categories. The category of the facial cleaner of the Derma Co. has grown significantly. Attention remains on innovation and offline distribution, says Varun Alagh.
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