In Q1FY23, revenue increased by 150% YoY. Per management, the growth is supported by strong demand from across segments coupled with robust omni-channel presence.
Management explains that they have been able to post growth despite an adverse and challenging macroeconomic environment and inflationary conditions leading to pressure on discretionary spends.
Revenue from operations increased by 433% on YoY basis and 42% on QoQ basis. Achieved highest ever quarterly sales in Q1FY23. Volumes grew exponentially on the back of improved product portfolio by continually adding new products across all bottom wear categories.
The Sony-Zee merger has got approval from NSE & BSE and both companies are working independently seeking the necessary legal and regulatory approvals, as per law.