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PE-backed House of Anita Dongre’s sales growth slows, profit falls

By Debjyoti Roy

  • 09 Jan 2017
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PE-backed House of Anita Dongre’s sales growth slows, profit falls
Credit: ThinkStock

House of Anita Dongre Ltd reported slower sales growth last fiscal year, as rising competition from both brick-and-mortar and e-commerce firms and tepid consumer demand weighed on the fashion apparel company.While moderation in growth is natural as a company becomes bigger, the sharp decline in the rate of revenue expansion ......

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