Categories AlphaGraphs, Earnings

Aditya Birla Fashion & Retail Ltd Q1FY24; 11% rise in Revenue .

Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL’s Madura Fashion division and ABNL’s subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in 2015.
ABFRL is a part of the Aditya Birla Group, a US$ 48.3 billion Indian multinational, in the league of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 34 countries across the globe.

Financial Results:

Aditya Birla Fashion & Retail Ltd reported Revenues for Q1FY24 of ₹3,196.00 Crores up from ₹2,875.00 Crore year on year, a rise of 11.17%.

Total Expenses for Q1FY24 of ₹3,458.00 Crores up from ₹2,770.00 Crores year on year, a rise of 24.84%.

Consolidated Net Profit of -₹162.00 Crores from ₹94.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹1.49, from ₹1.04 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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