Osia Hyper Retail Limited — Important, 12-11-2024: Updates

Osia Hyper Retail Limited has signed an agreement to open its latest Hypermart in Dehradun, covering 80,000 square feet. This expansion marks the company's 34th store, contributing to a total retail space exceeding 900,000 square feet across India. With a strong presence in Ahmedabad and across Gujarat, the new location aims to enhance customer experience in the Hindi Heartland, providing a wide array of FMCG and non-FMCG products at competitive prices.

The company recently launched another store in Kanpur, showcasing its commitment to rapid growth and customer accessibility. In FY24, Osia reported a total income of ₹31,150 crore, with an EBITDA of ₹73 crore and a PAT of ₹318.30 crore. As Osia continues to expand, this strategic move is anticipated to bolster its market position and drive further growth opportunities.