Aditya Birla Fashion Q1 net loss shrinks to Rs 20 cr

Aditya Birla Fashion and Retail (ABFRL), formerly known as Pantaloons Fashion, today reported a standalone net loss of Rs 20 crore for the first quarter ended June.
The company had reported a net loss of Rs 21 crore in the same period last year.
Total income stood at Rs 1,777 crore during the quarter under review, up 25.05 per cent as against total income of Rs 1,421 crore in the same quarter last fiscal, the company said in a BSE filing.
ABFRL said its revenue grew 25 per cent compared to the first quarter of the previous fiscal, driven by strong performance across all business segments.

The stock slumped 3.64 per cent to Rs 170.90 on the BSE.