Investegate |Trustpilot Group PLC Announcements | Trustpilot Group PLC: Half-year Results investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
The GCC medical gloves market is estimated to increase from US$ 99.5 Mn in 2016 to US$ 240.8 Mn by 2026, registering a CAGR of 9.2% over the forecast period 2016–2026, according to a latest report titled “GCC Medical Gloves Market: Industry Analysis & Opportunity Assessment, 2016-2026” published by Future Market Ins.
Read more about FMCG industry record 9.4% growth in January-March quarter: Nielsen on Business Standard. Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products
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Further, the company said that Allen Solly Prime targets to open 500 stores in three years.
The company plans to add 250 Pantaloons stores in the next three years across 100 new towns. It is on course to increase share of private labels from 61% in FY20 to 75% in FY25. E-commerce channel scaled up 3x during FY21 and is likely to to contribute 8-10% of sales by FY25.
ABFRL is part of a leading Indian conglomerate, The Aditya Birla Group. It is India s first billion-dollar pure-play fashion powerhouse with an elegant bouquet of leading fashion brands and retail formats.
On a consolidated basis, the company s net profit stood at Rs 58.44 crore in Q3 FY21 as against net loss of Rs 37.64 crore in Q3 FY20. Revenue from operations tumbled 19.61% to Rs 2,076.19 crore in Q3 FY21 from Rs 2,582.74 crore in Q3 FY20.