Apparel Retail Sector Revenues To Grow 10.5% YoY In FY27: Ind-Ra
Growth, however, will remain divergent across formats, with value retailers outperforming due to resilient tier 2 and beyond demand
Growth, however, will remain divergent across formats, with value retailers outperforming due to resilient tier 2 and beyond demand
The company’s performance is driven by double-digit revenue growth, healthy margin expansion, fuelled by improved operational efficiency and accelerated store expansion
Reports note that the company’s net loss narrowed from Rs 199 crore in FY24 to Rs 117.4 crore in the previous financial year
The Executive Director tells BW Retail World that the company is aiming for Rs 4,100 to Rs 4,300 crore in revenues in financial year 2026 (FY26)
The company is doubling down on quick commerce expansion, while also strengthening its presence on marketplaces
Salloni Ghodawat states that the company is witnessing healthy signs of recovery in urban consumption, especially in metro markets