Liberty shoes Ltd Five Year PnL
Liberty Shoes Ltd.: Market Outlook and 5-Year Financial Overview As one of the most popular footwear brands in India, proclaims Liberty Shoes Ltd. has been operational since 1954. With a reputation in quality craftsmanship, innovation designs or Liberty has kept adjusting to market requirements over the years without losing footing in the cut-throat footwear industry. Liberty Shoes has faced a tumultous five years period, displayed resilience against numerous headwinds such as the COVID-19 pandemic and increases costs of inputs. Its financial performance can be summarized as follows: They have recorded loss in fY21 as seen Declines in revenue due to pandemic-related disruptions. Most of the profit recovery was achieved in FY23, where profits peaked at ₹12.91 crore. FY24 showed a reduction in both sales and operating profits indicating market volatility and a reduction in operational expenditures. Noted some losses, Liberty continues to drive brand awareness alongside their large ...