Dec 21 2018

 Inc revenue growth of 11% year-on-year (YoY) to Rs 14.70 billion with EBITDA
 Net profit grew 34% at Rs 1.38 billion on YoY basis.
 WHY? - Controlled operational cost structure such as consolidation of suppliers, building long
term agreement with suppliers and re-negotiating rental terms are further expected to
contribute to EBITDA margin expansion
 Premiumisation and youth connect is expected to enhance footfalls
 improved product mix and the company following the dual strategy of driving SSSG and opening
new stores in untapped locations via franchisee rout.

Dec 12 2016

 unfavourable product mix adversely affected revenue growth

 post-demonetization - revenues have declined about 10-15% in November—sales were severely
affected in the first week of demonetisation—but improved somewhat thereafter
 Earlier, too, the company wasn’t doing all that well(Negs):
 Stiff competition from multinational companies
 online retail platforms took a toll on revenue growth
 unfavourable product mix
 Pos
 robust other income growth
 decline in depreciation costs boosted pre-tax and one-time earnings

May 22, 2017

 revenue had increased by a mere 0.8%----->

o muted consumer sentiments
o impact of demonetisation
o faster rate of growth in raw material costs
o rising competition from regional players and online retailing