Categories Earnings
Earnings | Aditya Birla Fashion and Retail Ltd. (NSE: ABFRL): Q4FY23 Results Out; Total Income rises 26% YoY.
Aditya Birla Fashion and Retail Ltd. is a leading Indian apparel company formed through the consolidation of Aditya Birla Group’s branded apparel businesses in 2015. This consolidation brought together ABNL’s Madura Fashion division and its subsidiaries, Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL). ABFRL operates as part of the Aditya Birla Group, a massive Indian multinational with a revenue of US$ 48.3 billion and a Fortune 500 status. With a diverse workforce of over 120,000 employees from 42 nationalities, the Aditya Birla Group has a presence in 34 countries worldwide.
- Aditya Birla Fashion and Retail Ltd. reported Total Income for Q4 FY23 of ₹2,916 Crore up from ₹2,309 Crore year on year, a growth of 26%.
- Total Expenses for Q4 FY23 of ₹3,177 Crore up from ₹2,266 Crore year on year, a growth of 40%.
- Consolidated Net Loss of ₹194 Crore, down 706% from profit of ₹32 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹-1.95, down 515% from ₹0.47 in the same quarter of the previous year.
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