Food & grocery players may see 14-15% revenue growth in FY25
Financial Express Mumbai|December 23, 2023
HEALTHY DEMAND FOR grocery items and expansion into tier II and III cities will help organised brick-and-mortar food and grocery (F&G) retailers log a revenue growth of 1415% in FY25. This is despite a fierce competition from quick commerce channels such as Blinkit, Zepto, Swiggy Instamart and Borzo, ratings agency Crisil said on Friday.
VIVEAT SUSAN PINTO
Food & grocery players may see 14-15% revenue growth in FY25

The analysis is based on a study of six key retail players in the market, Crisil said. Interestingly, 14-15% in FY25 will translate into three years of double-digit revenue growth on the trot for these organised retail companies after 30% seen in FY23 and 15% likely in FY24, the agency said.

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