Aditya Birla Fashion Q2 revenue up 50%, hits lifetime high; profit rises 6x

ABFRL is aggressively expanding its network across brands with Pantaloons adding 21 outlets on a net basis and the branded business taking the store count up by 85

Aditya Birla Fashion and Retail Ltd (ABFRL), part of the Aditya Birla Group, posted a 50 per cent year-on-year spike in revenue for the quarter ended September 30, 2022, taking the top line to Rs 3,075 crore. The company's net profit for the quarter under review stood at Rs 29 crore, up six-fold over the Rs 5 crore figure in the corresponding quarter during the previous fiscal year.

Strong performance across business segments during frge quarter led to a 24 per cent YoY surge in earnings before interest, taxes, depreciation and amortisation (EBITDA) to Rs 418 crore.

ABFRL is aggressively