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Last Updated : Oct 11, 2017 02:35 PM IST | Source: CNBC-TV18

Expect fairly decent festive season: Indian Terrain

The Indian Terrain Fashions stock has seen a 50 percent gain this year. In an interview to CNBC-TV18, Charath Narsimhan, CEO of Indian Terrain Fashions detailed how business is panning out for them.

The Indian Terrain Fashions stock has seen a 50 percent gain this year. In an interview to CNBC-TV18, Charath Narsimhan, CEO of Indian Terrain Fashions detailed how business is panning out for them.

Goods and services tax (GST) has settled down and trends from August and September are clearly indicating that the consumer is back in the shops. Onam went off fairly well, Dussehra and Pooja have also been fairly strong and Diwali is looking pretty decent, he said.

Our stores are seeing increased traction, increased footfalls. Departmental stores are also seeing strong traction. We are looking at a fairly decent festive season, he added.

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Looking to post 20 percent growth in sales going ahead, said Narsimhan.

For full interview, watch accompanying video...

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First Published on Oct 11, 2017 02:35 pm
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