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22 August 2025, Mumbai
Aditya Birla Fashion and Retail (ABFRL) reported a 9 per cent increase in revenue to Rs 1,83` crore in Q1, FY26 with the company’s EBITDA also rising 38 per cent Y-o-Y to Rs 169 crore.. The company also narrowed its net loss during the quarter to Rs 234 crore from Rs 238 crore in Q1 FY25.
This growth was primarily driven by the company’s ethnic wear and digital-first portfolios. Ethnic businesses grew by 25per cent Y-o-Y, led by a 79 per cent increase in designer brands, including Sabyasachi, Tarun Tahiliani, and Tasva. These brands all posted about 40 per cent like-for-like growth. ABFRL's portfolio of digital-first brands, TMRW grew 38 per cent Y-o-Y, supported by a wider product selection and a physical expansion to 25 stores. Pantaloons recorded quarterly sales of Rs 1,094 crore, with a 3 per cent normalized like-for-like growth and margins at 17.1 per cent. Style Up registered 36 per cent growth with three new stores, while Tasva sales increased by 72 per cent due to a strong wedding season. Jaypore expanded its retail network to 36 stores. The luxury retail segment maintained double-digit profitability and added three new stores, bringing its total to 44.
ABFRL also announced that TMRW received its first investment of about Rs 437 crore in its current funding round from ServiceNow Ventures. Besides, the company opened over 30 new stores during the quarter, expanding its retail space to 7.4 million sq ft.
