Just had a look at the $Vedant Fashions Ltd #FY22 results

The company's revenue increased by 84.2%, and operating margins increased to 48% compared to 43% in FY21.

Not just this, but its PAT margin also increased from 24.2% in FY21 to 30.5% in FY22.

This is driven by the mixture of the new brands, campaigns, & initiatives taken by the company and from the industry tailwinds.

#didyouknow The Indian wedding and celebration wear market is estimated at Rs 3,750bn currently; (15-20% branded penetration) of which the branded space is expected to grow at a CAGR of 18-20% by FY25.