For Avenue Supermarts, we expect consolidated revenues to grow 18% YoY to | 8766 crore. Avenue Supermarts has continued its accelerated store expansion and added 21 stores in Q4FY22 (18 stores added in Q3FY22, 50 stores for FY22) taking total store count to 284 stores. Fashion retailers have witnessed revenue recovery in the range of 107-114% of pre Covid level. We expect ABFRL, V-Mart and Bata to report revenue recovery rate of 114%, 112%, 107%, respectively. Among the apparel retail space, Trent was the outperformer with company registering industry best revenue growth in...