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India’s Fashion Retail Sector Shows Mixed Results in Q1 FY25

by Tina

India’s major fashion retailers have reported varied performance metrics for the first quarter of the fiscal year 2025. Shoppers Stop experienced a 5% increase in sales, reflecting positive consumer engagement. In contrast, Raymond Lifestyle faced an 8% decline in revenue, signaling challenges in its market performance.

Reliance Retail reported a noteworthy 8.1% rise in revenue, demonstrating strong growth amidst the fluctuating market conditions. Aditya Birla Fashion & Retail (ABFRL) saw its revenue remain stable but noted an improvement in profitability.

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Arvind Fashions posted revenue growth but reported a net loss, indicating operational and financial hurdles despite top-line expansion. Overall, while some brands have shown positive growth, others have faced revenue declines or profitability issues, highlighting the diverse performance landscape within India’s fashion retail sector for Q1 FY25.

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