Leading apparel giant Aditya Birla Fashion and Retail Limited (ABFRL) has posted 25 per cent revenue growth in Q4, FY22 results over pre-Covid levels.
During the Q4, FY21, the company revenue was Rs. 1,822 crore, while in Q4, FY22 the same was Rs. 2,283 crore. The Profit After Tax was (-196) crore during the Q4 of last fiscal, but in Q4, FY22, it was Rs. 32 crore.
The company said in a statement that each of the business segments like lifestyle brands, Pantaloons and other businesses (comprising innerwear and athleisure, Youth westernwear and super premium brands) posted a strong performance.
The company expects this momentum to continue in the coming quarters of this year as well.
During the last fiscal, the company continued to progress on strategic portfolio expansion agenda as Reebok and Masaba were added to the portfolio this year, besides making strategic foray into D2C business with a long-term vision of building a portfolio of digital first brands.
Its network expansion plan is firmly on track as it continued to expand across markets and brands.
The company’s e-commerce business currently operates at annual revenue of Rs. 1,000 crore. It deepened penetration through small-town formats as well as accelerated e-com and omni-channel play.
ABFRL is part of a leading Indian conglomerate, The Aditya Birla Group. With revenue of Rs. 8,136 crore spanning retail space of 9.2 million sq. ft. (as on 31 March 2022), it is India’s first billion-dollar pure-play fashion powerhouse.
It has a network of 3,468 stores across approximately 28,585 multi-brand outlets with 6,515 point of sales in department stores across India.
It also has a repertoire of India’s largest brands in Louis Philippe, Van Heusen, Allen Solly and Peter England, established over 25 years.
