Zara FY20 profit rises 45.5% to Rs 104 cr, revenue up 9.2% to Rs 1,570 cr

The company posted 9.24 per cent growth in sales to Rs 1,570.54 crore during the year as against Rs 1,437.87 crore of the previous fiscal

An employee arranges clothes at a Zara store, operated by Inditex SA, in Hong Kong, China
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Zara had 22 stores operational in 12 cities as on March 31, 2020

Press Trust of India New Delhi
Spain's luxury fashion brand Zara posted 45.54 per cent growth in its profit after tax to Rs 104.05 crore from the Indian market in 2020 fiscal, according to its Indian partner Trent Ltd's annual report.
It had posted a profit after tax (PAT) of Rs 71.49 crore in 2019 fiscal.
Besides, the company posted 9.24 per cent growth in sales to Rs 1,570.54 crore during the year as against Rs 1,437.87 crore of the previous fiscal.

First Published: Jul 09 2020 | 4:47 PM IST

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