Revenue up 13 per cent led by ethnic and lifestyle brands; Madura Fashion & Lifestyle demerger review continues
Aditya Birla Fashion and Retail (ABFRL) reported a consolidated net loss of Rs 90.9 crore for the quarter ended September 2025, narrowing from a loss of Rs 195 crore in the same period last year.
Revenue from operations rose 7.5 per cent year-on-year to Rs 1,492 crore, compared with Rs 1,387 crore in the corresponding quarter last year, according to the company’s exchange filing.
Total expenses edged up to Rs 1,627 crore from Rs 1,598 crore a year earlier. Finance costs stood at Rs 216 crore, while depreciation and amortisation expenses were Rs 252 crore for the quarter.
For the half year ended September 2025, the company’s net loss narrowed to Rs 160 crore from Rs 347 crore a year ago, while revenue increased to Rs 2,940 crore from Rs 2,683 crore in the same period of the previous fiscal.
ABFRL said the quarterly performance reflects continued operational improvements and a focus on driving profitability across business segments.
During the quarter, the board also reviewed progress on the proposed demerger of the Madura Fashion & Lifestyle (MFL) business, which will create a separate listed entity.
The demerger, revealed earlier this year, is expected to enable focused capital allocation and independent growth strategies for MFL and ABFRL’s ethnic, luxury, and digital-first brands.
The Pantaloons business grew 6 per cent year-on-year to Rs 1,142 crore, while the ethnic wear portfolio posted over 20 per cent like-for-like growth. Designer-led labels, including Sabyasachi and House of Masaba, grew more than 30 per cent, while premium ethnic brand Tasva’s sales surged 58 per cent. The TMRW digital-first portfolio rose 27 per cent and the luxury segment grew 13 per cent.
During the quarter, ABFRL launched OWND, a youth-focused fashion brand, and prepared to open India’s first Galeries Lafayette luxury department store in Mumbai. The company added over 30 new stores, expanding its retail footprint to 7.5 million sq. ft.
The company closed the quarter with gross cash of about Rs 2,150 crore.
