Assessing COVID Impact On Demand | Page Industries To ET NOW
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Pleasantly surprised by the demand in post COVID era. See very strong growth over the long term; Have topline aspiration of $1 bn in about 5 years. Look to double mfg capacity over next 4-5 yrs. Page's vols are 10x that of the nearest competitor; Affordable premium wear proposition is helping Page grow much faster vs peers. Athleisure growing rapidly & is the new engine of growth in the last 5-6 years. Potential of the under-penetrated market in India keeps us optimistic; Targeting tier 3 & 4 cities & opening new EBOs in metros. Some investments may have to be deferred to protect cash flow; Will look at opex depending how Q2 & Q3 pan out. Online platform seeing robust traction in Q1; E-commerce space looks very promising right now, says Chandrasekhar K, CFO of Page Industries. Watch! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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