Infiniti Retail's FY2026 turnaround report, detailing operational profitability and strategic store plans.
Infiniti Retail, the operator of consumer electronics chain Croma, is demonstrating a significant turnaround, marked by a substantial reduction in losses and an improvement in the quality of its growth. The company achieved operational profitability in the fiscal year 2026, swinging to a profit of ₹159 crore.
This financial recovery is underpinned by a thirteen percent increase in total income, which reached ₹21,784 crore. Notably, Croma experienced a near doubling of its sales growth, signaling a robust demand for its offerings.
As part of its strategic realignment, Infiniti Retail has closed thirty-five underperforming stores deemed unviable. Simultaneously, the company is expanding its footprint by planning to open forty-five new outlets, indicating a focused approach to market presence.
The narrative of continuous cost optimization has become ingrained in the business operations, contributing to the improved financial health and setting a foundation for sustained profitability.