Fantastic results by Senco( highest allocation) A YoY growth of 38% is impressive. What I really like is that SSSG is the backbone of growth instead of store additions like Kalyan. This allows operating leverage to come into play. I had assumed a FY24 growth of 25% but I think its around 28%(not very sure)
However, it helps to keep a conservative model as there is an inherent margin of safety to it.
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