Aditya Birla Fashion and Retail Limited (ABFRL) reported an improvement in its consolidated net losses for the fourth quarter of FY ’26, supported by strong revenue growth across key business segments, particularly its value fashion chain Pantaloons.
The company posted a consolidated net loss of Rs 163.81 crore (US $17.18 million) for the quarter ended March 2026, compared with a net loss of Rs 170.64 crore (US $17.90 million) in the corresponding period last year.
However, for the full financial year, ABFRL’s consolidated losses widened sharply by 82% to Rs 829.89 crore (US $87.06 million), against Rs 455.82 crore (US $47.82 million) reported in FY ’25.
Despite continued pressure on profitability, the retailer recorded robust top-line growth during the quarter. Revenue from operations rose 15.7% year-on-year to Rs 1,990.13 crore (US $208 million) in Q4 FY ’26, compared with Rs 1,719.48 crore (US $180 million) in the year-ago period. The company’s total operating revenue for FY ’26 stood at Rs 8,176.92 crore (US $857 million).
Pantaloons emerged as a major growth driver for the company during the quarter. Revenue from the business increased 18.5% year-on-year to Rs 1,048.26 crore (US $109 million) in Q4 FY ’26. For the full year, Pantaloons contributed revenue of Rs 4,560.49 crore (US $478 million).
ABFRL’s ethnic and other businesses segment also posted growth during the quarter, with revenue rising to Rs 950.21 crore (US $99.68 million) from Rs 846.99 crore (US $88.85 million) in the corresponding period last year.
In a strategic development, ABFRL increased its stake in subsidiary Indivinity Clothing Retail Private Limited to 89.29% from 85.54% through a rights issue. Indivinity Clothing Retail operates Tasva, ABFRL’s men’s ethnic wear label focused on occasion and ceremonial apparel.







