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Correction, growth hopes may cap downside in Aditya Birla Fashion & Retail

Growth in consolidated sales at Rs 4,305 crore were led by the ethnic and direct to consumer business which were up 7-26 per cent

Aditya birla fashion and Retail
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Aditya Birla Fashion and Retail pointed out that consumer sentiments remained weak with urban markets continuing to exhibit demand moderation

Ram Prasad Sahu Mumbai

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Apparel major Aditya Birla Fashion and Retail (ABFRL) had the weakest revenue print in the December quarter of the current financial year (Q3FY25) among listed apparel retailers. The retail major posted a 3.3 per cent year-on-year (Y-o-Y) growth on a consolidated basis while its peers reported a high single-digit or double-digit growth. While revenue growth was muted across key segments, the results were in line with Street estimates.
 
Growth in consolidated sales at ₹4,305 crore was led by the ethnic and direct-to-consumer (D2C) businesses, which were up 7-26 per cent. Larger segments such as Madura and Pantaloons, which together accounted