Retail
Croma parent swings to ₹159 crore profit, adds 45 stores
Infiniti Retail closes 35 weak outlets and turns operationally profitable, raising the bar for electronics chains.
Meera Iyer, Retail correspondent··4 min read
Cost discipline and selective expansion replaced blanket store growth. Sales growth nearly doubled as the chain focused on higher-throughput locations and tighter inventory.
On the shop floor a Croma till now carries fewer slow-moving SKUs and more high-margin accessories and services. Dark-store or warehouse feed to the remaining boxes improves availability without bloating rent.
Croma closes 35 stores, books ₹159 crore profit and still expands.
Reliance Digital and independent multi-brand electronics dealers face a leaner competitor that has already cut the dead wood. Landlords in secondary malls lose tenants while prime high-street and airport slots gain bidding interest.
Watch the pace of the 45 new openings through the festive quarter and any update on private-label mix. Diwali electronics demand will show whether the turnaround holds under volume pressure.