retail sector

Renewed mobile device startup ControlZ is expecting Rs. 100-crore revenue in FY 2023-24, following the market leadership, and soon-to-launch financing options and offline retail strategy. "This year our target revenue is 30 crores. We…

Industries' flagship retail business entity, Reliance , has posted a net profit of almost ₹5,000 crore in fiscal 2021-22, as per latest regulatory disclosures. Net profit grew 7.6% to ₹4,934.65 crore in the fiscal year ended March 31,…

Credit rating agency has upgraded retail sector outlook to stable from negative; and said the sector likely to witness 12-13% YoY revenue growth in FY2023, with a YoY increase in operating profit margins by 150 bps to 8.2%. The level…

Retailers in the country reported a 13% increase in sales last month from pre-pandemic June 2019, a slower growth rate than the previous two months, kindling fears that a gradual cutting down of discretionary spending by consumers may…

Listed retailers are expected to post strong double-digit sales growth for the quarter ended June, the first disruption-free first quarter for the retail sector since the outbreak of Covid-19 in early 2020. For most retailers, sales…