Retailers likely to see strong revenue performance in July-Sept quarter

According to Dolat Capital earnings preview report, retail will be the highest ranked on revenue and earnings growth from its coverage

Retail companies are expected to see a strong top-line performance in the July-September quarter. 
 

Apparel firms are expected to see an uptick that started in the Q1FY23 with all Covid-19 restrictions getting lifted. 

“Cotton prices are still high, keeping margins under pressure,” broking firm Edelweiss Securities said in its report. ICICIdirect also expects a strong momentum to continue in the quarter due to festival demand coming in in the second half (H2). “We expect healthy growth momentum to sustain in Q2FY23 on the back of end-of-season sales (EOSS) in July, festival demand in the latter period of the quarter