Aditya Birla Fashion and Retail Ltd (ABFRL) on Wednesday reported widening of consolidated net loss at Rs 233.73 crore for June quarter FY26. The company had posted a loss of Rs 214.92 crore during April-June quarter a year ago, according to a regulatory filing from ABFRL. Revenue from operations was at Rs 1,831.46 during the quarter as compared with Rs 1,674.22 crore a year ago. Revenue from 'Pantaloons' was at Rs 1,094.13 crore as against Rs 1,101.38 crore a year ago. Revenue from 'Ethnic and Others' segment was down to Rs 754.57 crore in the first quarter. Total expenses were at Rs 2,148.75 crore in April-June FY26. In the quarter, ABFRL completed the demerger of Madura business into a separately listed entity named Aditya Birla Lifestyle Brands Limited (ABLBL). ABLBL will have its lifestyle brands business as - Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter and youth western wear brands as American Eagle. It also has sportswear brand Reebok business, f
Carlyle Group affiliate firm, C A Dawn Investments, on Wednesday sold its entire 10.20 per cent in Indegene for ₹1,447 crore
Aditya Birla Fashion and Retail Ltd on Friday said its consolidated net loss narrowed to Rs 23.55 crore in the fourth quarter ended March 2025. The company had posted a net loss of Rs 266.36 crore during the January-March quarter a year ago, according a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its revenue from operations rose to Rs 1,719.48 during the quarter under review. It was at Rs 1,575.12 crore in the year-ago period. Total expenses of ABFRL were at Rs 1,959.53 crore in the March quarter. According to ABFRL, its results are not comparable due to demerger of Madura Fashion & Lifestyle Business. "Pursuant to the demerger, the balances of assets and liabilities relating to MFL business has been transferred to the resulting company. Accordingly, the balance sheet as at March 31, 2025 is not comparable with the balance sheet as at March 31, 2024," it said. Its revenue from Pantaloons was at Rs 884.60 crore and Rs 846.99 crore from Ethnic and others. I
Aditya Birla Fashion Demerger: ABFRL shares crashed 67 per cent to its 52-week low at ₹88.8 per share; chek details
According to the petition filed, the scheme is being proposed to separate Madura Fashion and Lifestyle (MFL) business from the company
The company added that the successful fundraise reflects investor confidence in the high-growth potential of India's fashion industry and its position as a leading player in the market
Fundraise will deleverage company and help in its growth strategy, says fashion retailer
Aditya Birla Fashion and Retail Ltd on Wednesday reported a widening of consolidated loss after tax at Rs 214.92 crore in the first quarter ended June 30, 2024, impacted by higher expenses in a subdued consumption environment. The company had posted a consolidated net loss after tax of Rs 161.62 crore in the same quarter last fiscal, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. Consolidated revenue from operations stood at Rs 3,427.82 crore in the first quarter as against Rs 3,196.06 crore in the year-ago period, the company added. Total expenses in the quarter were higher at Rs 3,724.89 crore as compared to Rs 3,458.02 crore in the year-ago period. "Businesses continued to navigate through a subdued consumption environment which was further exacerbated by a prolonged heat wave and weak wedding season," the company said. Net profit at a consolidated level was impacted due to continued investments in digital-first fashion brands TMRW and losses in premi
The retail chain operator faces several hurdles, including evolving customer preferences, disruptions in transport logistics, and intensifying competition, analysts at domestic brokerage Nuvama said.
Market reactions to the US Fed meeting outcome will be evident in early trades on Thursday. Indications suggest that the current market tone will persist.
Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its revenue from operations was at Rs 3,406.65 during the quarter under review against Rs 2,879.73 crore in the year-ago period. According to the Aditya Birla group firm, the consolidated financial results for the quarter that ended March 31, 2024, are "not comparable with previous quarters" pursuant to the acquisition of TCNS Clothing and Styleverse Lifestyle. Its total expenses were at Rs 3,813.87 crore in the March quarter. The established businesses continue to navigate market headwinds while maintaining a sharp focus on profitability enhancement, said ABFRL in an earning statement. Its revenue from the 'Madura Fashion & Lifestyle' segment was at Rs 1,861.75 crore. ..
ABRFL to raise Rs 2,500 crore equity capital within 12 months of demerger
The aforesaid proposal will be subject to all statutory approvals from ABFRL board of directors, shareholders, creditors, regulators, along with other customary approvals
Move aimed to create two growth engines with distinct value creation trajectories and a well articulated capital allocation strategy
Aditya Birla Fashion and Retail Ltd on Thursday reported a consolidated net loss of Rs 200.34 crore for the second quarter ended September 2023. The company had a net profit of Rs 29.42 crore during the July-September quarter of the previous fiscal, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its revenue from operations was at Rs 3,226.44 crore crore during the second quarter of this fiscal. It was at Rs 3,074.61 crore in the corresponding period of the previous fiscal. The Aditya Birla group firm completed the acquisition of TCNS Clothing on September 26, 2023. "The consolidated financial results for the quarter ended September 30, 2023, are not comparable with previous quarters pursuant to the acquisition of subsidiary TCNS Clothing Co. Ltd," it said. ABFRL's total expenses were at Rs 3,500.27 crore in the September quarter. Its revenue from the Madura Fashion & Lifestyle' segment was at Rs 2,275.94 crore and Rs 1,021.50 crore from ...
ABFRL also saw a 26 per cent rise in net sales at Rs 2,880 crore in the January-March quarter as it focused on expanding its network of stores
The company's consolidated revenue from operation rose by 26.14 per cent to Rs 2,880 crore for the March quarter as compared to Rs 2,283 crore in the year-ago period
Kumar Mangalam Birla, chairman, Aditya Birla Group, said in the release, "This deal is yet another marker of the Aditya Birla Group's faith in the dynamism and buoyancy of the Indian consumer economy"
Revenue performance was led by lifestyle brands which grew 18 per cent with 5 per cent like-to-like growth
Aditya Birla Fashion and Retail Ltd (ABFRL) plans to raise Rs 500 crore through issuance of bonds on private placement basis. "The company proposed to raise funds by issuing 5,000 listed, unsecured, rated, redeemable non-convertible debentures (NCDs) of a face value of Rs 10 lakh each, issued at par aggregating to Rs 500 crore on private placement basis, on or after January 13, 2023," the Aditya Birla group firm said in a regulatory filing on Friday. This is within the limits approved by the board and shareholders of the company, it added. ABFRL, part of the USD 60 billion global conglomerate, Aditya Birla Group is India's largest multi-brand retailer of International global brands such as Ralph Lauren, Hackett, Ted Baker, Fred Perry, Forever 21, American Eagle and Reebok. The company portfolio also includes fashion brands -- Louis Philippe, Van Heusen, Allen Solly and Peter England -- and fashion retailer Pantaloons.