Aditya Birla Fashion Q2 Loss Narrows To Rs 90.9 Cr
Aditya Birla Fashion Q2 loss narrows to Rs 90.9 crore as revenue rises 7.5 per cent, driven by ethnic and lifestyle brands; demerger review underway.
Aditya Birla Fashion Q2 loss narrows to Rs 90.9 crore as revenue rises 7.5 per cent, driven by ethnic and lifestyle brands; demerger review underway.
Located in Kalyan Nagar, the new OWND store is spread across 9,696 square feet and is designed as a multi-story, high-street retail experience
The company plans to convert the existing StyleUp stores into OWND and expand its footprint to 100 stores by the end of this financial year
Dikshit notes that Aditya Birla Lifestyle Brands or ABLBL is well-positioned to double its scale and expand margins significantly over the next five years
The report notes that Flipkart Investments has sold its entire six per cent stake in ABFRL through block deals, amounting to Rs 583 crore
In the financial year 2025, the company reported revenue from operations of Rs 7,355 crore, and the net losses from continuing operations stood at Rs 624 crore
The consolidated revenue from operations from continuing operations rose to Rs 1,719.48 crore in the recently concluded quarter from Rs 1,575.12 crore in Q4FY24
The company has also informed the appointment of Vishak Kumar as Deputy MD and Chief Executive Officer (CEO)
The board’s approval last week paved the way for the vertical demerger of Madura Fashion and Lifestyle business from ABFRL, culminating in the formation of a new entity named Aditya Birla Lifestyle Brands (ABLBL) Madura Fashion and Lifestyle, a prominent player in the fashion and lifestyle sector, is poised for a substantial reduction in debt […]
Aditya Birla Fashion and Retail (ABFRL), on Wednesday, reported a rise of 16 per cent in consolidated revenue from operations in the third quarter ended December 2023 despite muted demand, it said in a regulatory filing. In Q3 FY24, the company recorded consolidated revenue from operations at Rs 4,167 crore compared to Rs 3,589 crore […]