Spain's luxury fashion brand Zara posted 45.54 per cent growth in its profit after tax to Rs 104.05 crore from the Indian market in 2020 fiscal, according to its Indian partner Trent Ltd's annual report.
It had posted a profit after tax (PAT) of Rs 71.49 crore in 2019 fiscal.
Besides, the company posted 9.24 per cent growth in sales to Rs 1,570.54 crore during the year as against Rs 1,437.87 crore of the previous fiscal.
Zara operates in India through the association of its parent Spanish clothing company Inditex with the Tata group firm Trent Ltd. It has two separate associations with