Cantabil Retail India Limited has enhanced its retail presence with the addition of 26 new stores across the country in the third quarter that ended 31 December 2021.
Following its retail expansion drive during the quarter, Cantabil has expressed confidence of returning to the pre-pandemic growth period.
With the opening of 26 new stores in the third quarter, the total number of showrooms/stores now stands at 360, reportedly, added the firm.
Here it is important to state that despite frequent pandemic-induced lockdowns and store closures, Cantabil Retail India Limited had made a net profit of Rs. 8 crore or US $ 1.1 million in Q2 ended September 2021.
The second quarter also saw the firm generate revenue of Rs. 90 crore, at a rate of 85 per cent.
Cantabil is an Indian company that is in the business of designing, manufacturing, branding and retailing of apparel with more than 2,500 employees countrywide.
