19 February 2025, Mumbai
From Rs 78 crore in the corresponding quarter last year, Aditya Birla Fashion and Retail’s (ABFRL) net loss narrowed to Rs 51 crore in Q3, FY25.
The company registered a 3 per cent growth in its revenue during the quarter to Rs 4,305 crore from revenues of Rs 4,167 crore in the corresponding quarter of the previous fiscal year.
Driven by its superior fashion forward merchandize, ABRFL’s brand Pantaloons recorded a 6 per cent rise in its quarterly sales to Rs 1,305 crore. The revenues of its multi-brand format ‘The Collective’ and other mono brand increased by 13 per cent Y-o-Y.
ABFRL emphasized its focus on product innovation, enhanced retail experiences, and brand building. The company's diversification strategy, targeting emerging consumer segments, also contributed to growth. ABFRL highlighted its transformation efforts, including portfolio enrichment, distribution strategy refinement, and cost alignment, which have driven improved profitability despite a challenging market.
ABFRL boasts a vast retail network, with 4,607 stores, approximately 37,352 multi-brand outlets, and 9,466 points of sale in department stores across India. The company's strong retail presence, combined with its strategic initiatives, positions it for continued growth in the Indian fashion market.
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