Bombay Dyeing’s sales grow 55 per cent in FY18, retail expansion on cards

In financial year 2018, Bombay Dyeing’s net sales grew 55 per cent. Real estate followed by polyester were the major drivers of growth and contributors to the topline. The company raked in revenues at 40 to 50 per cent of MRP on its books. It is expanding its retail reach. Currently, it has 27 company-owned stores, 400 franchise stores and is available in 3000 multi-brand retail stores and 920 modern trade doors besides all the major e-commerce platforms.