Khadim India Aims Above 30% Profit Growth For Next Few Years

Here’s why Khadim India’s bottomline is set to grow northwards of 30% for the next few years.

Flip flops sit on display in a store in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Affordable footwear maker Khadim India Ltd. expects its profit to grow 30-32 percent over the next few years, buoyed by its expansions plans, distribution business and overall move towards branded retail.

Shares of Khadim India were trading 0.71 percent higher at Rs 790 at 11.13 am on the BSE. The stock price has risen 15.8 percent in 2018 so far, compared to a 5.9 percent in the benchmark S&P BSE Sensex Index.

Also Read: Modest Earnings Cut In First Quarter Masks Sectoral Divide

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