Subdued demand had marred performance in the half-year ended September, and the December quarter (Q3FY24) appears to be following suit.
A meaningful pick-up has not occurred despite it typically being a strong quarter amid tailwinds in the form of festivals, analysts said. The ICC Cricket World Cup was also expected to boost sales this time around. But these events did not play out as envisaged. The previous year's high base also contributed to underwhelming same-store sales growth projections for Q3.
Denne historien er fra January 04, 2024-utgaven av Mint Mumbai.
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Denne historien er fra January 04, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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