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- Important
- Financial Update
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Osia Hyper Retail Limited has announced a board meeting to approve the financial results for the quarter and half-year. Revenue rose sharply to ₹1,427 Cr from ₹1,144 Cr, driven by strong sales growth. Expenses also increased to ₹1,407 Cr, pressuring profit before tax to ₹26 Cr versus ₹29 Cr last year. Net profit improved to ₹19.5 Cr from ₹18.3 Cr. Borrowings jumped to ₹182 Cr to fund inventory, which surged to ₹471 Cr. Cash balance tightened to ₹6.9 Cr as management prioritizes expansion and working capital for scaling up operations.