05 February 2022, Mumbai:
The Q3 profit of Aditya Birla Fashion and Retail (ABFRL) jumped by three-fold to Rs 196.80 crore against a net profit of Rs 58.44 posted in the year-ago quarter.
The company’s revenues from operations grew by 43.87 per cent to Rs 2,987.10 crore during the quarter under review, against Rs 2,076.19 crore in the corresponding period of the previous fiscal.
ABFRL's total expenses increased by 36.52 per cent to Rs 2,744.35 crore in the quarter, from Rs 2,010.17 crore a year ago.
Its revenue from Madura Fashion & Lifestyle segment surged by 57.59 per cent to Rs 1,990.52 crore, compared to Rs 1,263.10 crore in the year-ago quarter.
Pantaloons’ revenue increased 31.45 per cent to Rs 1,066.43 crore, against Rs 811.27 crore.
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