Lifestyle International sales grow 10% in FY20 to Rs 9,239 crore

[ad_1]

The retailer said it registered strong revenue growth across all its retail formats in the first three quarters of FY20. (Representative image)

Synopsis

According to financials sourced from data insights firm Altinfo, Lifestyle International is also the most profitable retail chain in the country within the apparel and lifestyle industry with a net profit of Rs 370 crore, although the bottom-line shrank 15 per cent from the year ago.

Mumbai: Sales at Lifestyle International, the company that runs an eponymous department chain in India, grew 10 per cent in FY20 to Rs 9,239 crore, nearly double than the combined sales of its immediate rivals Shoppers Stop (SSL) and Future Lifestyle.According to financials sourced from data insights firm Altinfo, Lifestyle International is also the most profitable retail chain in the country within the apparel and lifestyle industry with a net

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

To Read the Full Story, Become an ET Prime Member

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Access the exclusive Economic Times stories, Editorial and Expert opinion

Already a Member?

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise



[ad_2]

Source link
[ad_2]

Share This Post

Share on whatsapp
Share on facebook
Share on twitter
Share on pinterest
Share on reddit
Share on telegram
Share on email
Share on linkedin
Share on print

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More to Explore

Want to Write Such Blogs?

Just Fill in Your Details to get started

Want to Write such blogs?

Join in like all our authors and be a part of this community

small_c_popup.png

Hello

We are happy you are here

[wppb-login]

Oh No!

It seems like you have forgotten your password. Don’t worry tell us your email id or username and we’ll try to help
Share on whatsapp
Share on twitter
Share on facebook
Share on pinterest
Share on reddit
Share on telegram
Share on email
Share on linkedin
Share on print
error: Alert: Content is protected !!
Secured By miniOrangeSecured By miniOrange