Zara India faces loss of Rs. 41 crore revenue down by 28%

Inditex, the Spain-based biggest fashion group in the world and owner of Zara brand, faced a loss of Rs. 41 crore in India for FY21. Its revenue also declined by 28.3 per cent to Rs. 1,126 crore in this fiscal.In FY20, the fashion giant had reported a profit after tax of Rs. 104.05 crore and revenue