<ul><li>Q4 is usually a seasonally weak quarter for the retail industry.</li><li>The mass rural categories have been recovering well for the past couple of quarters.</li><li>V-Mart, with its main customer base in the income range of Rs 15,000-50,000, is expected to show continued momentum in numbers.</li><li>Full-fledged recovery in volume for the mass category to pre-pandemic levels for V-Mart, Bata will take time due to competitive intensity.</li></ul>

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

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