ABFRL Marks Leadership Changes, Suraj Bahirwani Named Pantaloons CEO-designate
The company has also appointed Marco Agnolin as CEO of Ownd! and SMP of the company with effect from 6 April 2026
The company has also appointed Marco Agnolin as CEO of Ownd! and SMP of the company with effect from 6 April 2026
While the long-term outlook remains strong, Axis Direct has maintained its ‘hold’ rating
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)