The company’s revenue from operations has grown to Rs 2,374 crore, marking an uptick of 8 per cent on-year
On account of new labour codes, Aditya Birla Fashion & Retail’s (ABFRL’s) consolidated net loss from continuing operations widened to Rs 137 crore in the third quarter of the current financial year from Rs 103 crore in Q3FY25.
The normalised net loss was Rs 115 crore in Q3FY26 as compared to Rs 103 crore in the same period a year ago. The financial results of the company revealed an 8 per cent year-on-year (YoY) uptick in the revenue from operations, which grew to Rs 2,374 crore from Rs 2,201 in Q3FY25.
The earnings before interest, taxes, depreciation and amortisation (Ebitda) marked a 13 per cent YoY rise to reach Rs 370 crore in the recently concluded quarter from Rs 328 crore in the corresponding period of the previous fiscal year. Revenue in the nine months year-to-date (9MYTD) was up 10 per cent YoY to reach R. 6,187 crore.
The company stated that ethnic businesses grew 20 per cent on-year during the quarter. TMRW’s revenue was up 29 per cent YoY in Q3. Luxury recorded 27 per cent growth as compared to last year, aided by newly opened Galeries Lafayette store. ABFRL expanded its retail footprint with around 50 gross store additions during the quarter, with total area now spanning over 7.7 million square feet.
“In a quarter marked by shift of festive, the portfolio delivered a healthy performance, with newer businesses maintaining strong momentum in line with trends seen over the past few quarters. The company now operates with a well-balanced portfolio across multiple categories and segments, providing a strong foundation for sustainable growth,” the company said in a regulatory filing.
Masstige And Value Retail
The business recorded quarterly sales of Rs 1276 crore as performance reflected a shift of festive and end of season sale (EOSS) sales into Q2 and Q4 respectively. Adjusting for festival and EOSS shift, Pantaloons format LTL stood at 3 per cent. The brand opened six new stores and closed three stores during the quarter, taking the total store count to 406.
Ownd posted 54 per cent YoY growth in Q3 and expanded its footprint with nine new stores, taking the total store count to 67. The company’s ethnic portfolio has delivered sustained double-digit growth over the past several quarters, reaching an annual scale of over Rs 2,000 crore.
The Collective and Mono brands (TCMB) business delivered another strong quarter with 16 per cent YoY growth with improving profitability. The business added three new stores to the network and now spreads across 49 stores.
ABFRL noted that while select businesses will continue to see calibrated investments, the overarching focus remains on driving scale, improving operating efficiency and strengthening profitability.
