Bata, V-Mart Retail - Close To Pre-Covid Levels; A Fleeting Impact From Omicron In Q4? Nirmal Bang Q3 Preview

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.We expect Bata India Ltd. to post 28% YoY revenue growth in Q3 FY22 on the back of festive season, easing of lockdowns and aggressive vaccination drive across the country, which likely resulted in higher footfalls in its retail outlets with other distribution channels continuing to deliver strong growth (wholesale, digital, franchising). Revenue would likely be marginally lower from Q3 FY20 level. The gradual return to work places, increase in social gatherings, festival season (Diwali, Christmas), opening up of schools & colleges etc have all likely contributed to a better 3QFY22.V-Mart Retail Ltd.'s Q3 is the strongest quarter (contributing 50-75% of Ebitda) in typical year as three seasons coincide, festive, wedding and winter seasons. We expect V-Mart Retail to have grown its Q3 FY22 revenue by 99% YoY due to a low base last year (and by 66% over Q3 FY20) with the addition of ‘Unlimited stores’, festive season (‘Diwali’, ‘Christmas’) and onset of winter. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Bata, V-Mart Retail - Close To Pre-Covid Levels; A Fleeting Impact From Omicron In Q4? Nirmal Bang Q3 Preview

Bata, V-Mart Retail - Close To Pre-Covid Levels; A Fleeting Impact From Omicron In Q4? Nirmal Bang Q3 Preview

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