Hot Pursuit     15-May-23
RattanIndia Enterprises launches denim brand INKD
Neobrands, a subsidiary of RattanIndia Enterprises, has launched a new denim brand called INKD.
The brand features a range of jeans, denim shirts, and jackets for men and women. INKD's collection also includes special denim products with elasticated flexi waistbands and drawstrings for superior comfort.

The range, consisting of over 80 styles at affordable prices, is available pan-India through Amazon's e-commerce platform. The brand offers a wide range of washes and fits to suit individual style preferences. INKD is an affordable option for those looking for stylish and comfortable denim.

RattanIndia Enterprises is a growth platform for RattanIndia Group's new-age businesses. The company focuses on businesses with cutting-edge technologies that have the potential to transform the lives of Indians. Its key businesses include electric mobility, e-commerce, fashion brands, fintech, and drones.

On a consolidated basis, the company reported a net loss of Rs 34.23 crore in Q3 FY23 as against a net loss of Rs 5.52 crore recorded in Q3 FY22. Net sales surged to Rs 1,152.80 crore in Q3 FY23 from Rs 0.67 crore posted in Q3 FY22.

Shares of RattanIndia Enterprises fell 1.51% to Rs 38.46 on 12 May 2023.

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