Write up on Magson Retail by Progressive Grocer India Edition of October,2023.
https://nsearchives.nseindia.com/corporate/MAGSON_03112023164308_MagazineWriteup.pdf
Future outlook by management
“By 2026, MagSon plans to add 25 new stores in the stable. These stores will come up in different parts of Gujarat, Madhya Pradesh, Rajasthan, and Maharashtra, where the brand is already currently operational and has existing stores.
Most of these stores will operate under the franchise/shareholder model followed by the company since it turned public. They estimate that their turnover will touch around Rs. 120 crore in another two years from now.”
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