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The Economic Times

Economy / The Economic Times

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'Croma on turnaround path as losses narrow, quality of growth gets better': CEO

Infiniti Retail, Croma's operator, is on a strong turnaround path, significantly reducing losses. The company achieved operational profitability in FY26, swinging to a profit of 159 crore. Total income grew thirteen percent to 21,784 crore, with sales growth nearly doubling. Infiniti Retail closed thirty-five unviable stores and plans to add forty-five new outlets. Continuous cost optimization is now a habit in the business.

28 Aug 2026 12:43 am