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Retail Sector Q4 Results Preview: Rural Recovery Momentum Likely To Lead To A Strong Quarter — Nirmal Bang

Nirmal Bang believes that a full-fledged recovery in volume for the mass category to pre-pandemic levels for V-Mart, Bata will take time mainly due to competitive intensity.

<div class="paragraphs"><p>Q4 is usually a seasonally weak quarter for the retail industry, says Nirmal Bang.</p><p>(Photo: Nathalia Rosa/ Unsplash)</p></div>
Q4 is usually a seasonally weak quarter for the retail industry, says Nirmal Bang.

(Photo: Nathalia Rosa/ Unsplash)

Nirmal Bang believes that the mass rural categories have been recovering well for the past couple of quarters and the continued momentum will be visible in numbers especially for V-Mart whose main customer base is in the income range of Rs 15,000-50,000.
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