Uniqlo India net profit rises 41% to Rs 253 cr in FY26; co bets on expansion
Uniqlo reported a significant increase in revenue for the year ended March 2026. The revenue rose 44% year-on-year, reaching ₹1,724 crore as net profit also increased. This growth occurred despite challenges faced by other apparel retailers in India. Uniqlo plans to expand its presence through new stores and enhance customer engagement via digital platforms. The Indian apparel market is projected to grow significantly in the coming years.
Mumbai: Uniqlo's India revenue rose 44% year-on-year to ₹1,724 crore in the year ended March 2026, underscoring the Japanese clothing retailer 's growing foothold in one of the world's fastest-expanding apparel markets. Net profit at Uniqlo India rose 41% to ₹253 crore, according to its filings with the Registrar of Companies. Asia's biggest clothing brand, which opened its first door in India seven years ago, has more than quadrupled revenues since FY22 from its over 20 stores, as it seeks to expand international business alongside rivals Zara and H&M. "The company remains confident in the long-term growth potential of the Indian market and plans to expand its presence through new stores in both existing and untapped markets. It also aims to enhance customer engagement through its mobile app and ecommerce operations ," Uniqlo in the filing. The performance contrasts with a slowdown at some established apparel retailers in India. 2% decline in revenue to ₹2,749 crore in FY26; Shoppers Stop 's revenue grew 9% to ₹5,043 crore.
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