A stronger second half of FY ’25 is anticipated as a result of the October start of the consumer demand rebound, according to the Systematix Institutional Equities report. Lower growth in 2Q FY ’25 was caused by virtually unchanged urban consumption, notwithstanding a minor increase in rural demand.
Similar to the previous quarter, the demand trends for this quarter showed a muted market, which was further influenced by religious holidays like Shravan and Shraadh as well as seasonal variables like the monsoons.
Performance in the retail industry varied significantly, especially in the clothing sector. Demand for value fashion remained high, as seen by the industry’s remarkable revenue and same-store sales growth (SSSG).
Despite the possibility of modest net store openings in the second half of the year, businesses in the garment sector are concentrating on shop rationalisation in order to increase profits.
