Vedant Fashions LimitedNSE: MANYAVAR

MANYAVAR: Margins held firm despite weak Q1 sales; H2 recovery expected with festive and wedding season

· Issued by Vedant Fashions Limited

Q1 FY25 saw a sharp sales decline due to negligible wedding dates, but margins and profitability remained strong. Store expansion is deferred to H2, with new brand launches and positive trends in Tier 2/3 cities expected to drive recovery.

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