ABFRL posts Q4FY'22 results

18 May 2022, Mumbai:

ABFRL’s best ever Q4 Performance

Kick started Ethnic Expansion

Ecommerce continues to grow strongly

Penetration into Small Town India

―Highest ever Revenue and EBITDA in Q4 despite January washout

―Consolidated revenue & EBITDA grew by 25% & 58% respectively

―Lifestyle revenue higher by 34% YoY

―Pantaloons posted robust growth

―Ethnic portfolio more than doubled

Aditya Birla Fashion and Retail posts 25% revenue growth over pre-COVID levels; EBITDA surges 50% YoY.

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Performance Highlights

1. Q4 revenue grew 25% over pre-COVID levels as well as over last fiscal
a. 50% YoY growth was seen in March 2022 offsetting the impact of COVID 3 during the first half of Q4.
2. Q4 Consolidated EBITDA for the quarter increased 58% YoY to Rs. 401 Cr.
a. Robust performance across categories led to a 17.6% EBIDTA margin this quarter.
1. EBITDA Margin expanded by more than 350 bps over the previous year.
3. Continued progress on strategic portfolio expansion agenda
a. "Reebok" and "Masaba" added to the portfolio this year.
b. Strategic foray into D2C business with a long-term vision of building a portfolio of digital-first brands.
4. Network Expansion plan firmly on track
a. Continued expansion across markets and brands.
b. Deepening penetration through small-town formats.
5. Accelerated E-com and Omni-channel play
a. Ecommerce business currently operating at annual revenue of -Rs 1000 crores
b. One of the largest fashion Omni-channel play with -50% network Omni-enabled.

6 Closed the quarter with net debt of Rs.504 Crores.

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Financial Performance

The Board of Directors of the Company, at its meeting today, approved the results for the quarter ended 31st March 2022.

These financials are posted factoring in necessary adjustments under Ind AS 116.

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CREDITS: ABFRL (The news article has not been edited by DFU Publications staff).