Zara has reported a 13.43% drop in its profit after tax (PAT) in the Indian market to Rs 71.49 crore in FY 2018-19.
Inditex Trent Retail India Private Ltd (ITRIPL), which is engaged in the operation of Zara stores in the country, had posted a PAT of Rs 82.59 crore in FY 2017-18, however, ITRIPL had reported an increase of 17.69% in its total revenue of Rs 1,437.87 crore for the period under review.
