Rupa & Company: Will the Strong Growth Sustain?
Moneylife Digital Team 09 April 2022
Innerwear companies are reporting exceptional results over the past year or so, thanks to a demand shift to the organised sector. For instance, over the past six quarters, Rupa, a leading innerwear company, has consistently averaged an operating profit margin (OPM) of 20%, when OPM has been around 13%-14% for years. Margins have been exceptionally high since the quarter of September 2020, even...
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