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This Article is From Jun 11, 2024

Retail Q4 Results Review - Discretionary Under Pressure As Consumer Sentiment Remain Muted: Axis Securities

Retail Q4 Results Review - Discretionary Under Pressure As Consumer Sentiment Remain Muted: Axis Securities
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NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Axis Securities Report

Retail companies have reported mixed performance, with premium retailers sustaining their growth momentum, while value retailers saw gradual recovery. However, quick service restaurant continued to remain under pressure.

Companies have highlighted that rural growth is likely to pick up gradually, driven by increased government spending, easing inflation, and increased urban remittances. Ebitda margins have experienced pressure due to negative operating leverage resulting from subdued topline performance.

Click on the attachment to read the full report:

Axis Securities Retail Sector Q4FY24 Results Review.pdf
VIEW DOCUMENT

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