• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Q3 sales at Aditya Birla Fashion grow three-fold

16 Feb '16
1 min read

Net sales at Aditya Birla Fashion and Retail Ltd (ABFRL) for the three months to December 31, 2015 grew three-fold over the same quarter of prior fiscal.

In a BSE filing, the Kumara Mangalam Birla led company said its net sales rose to Rs 1,616.93 crore in the third quarter of fiscal 2016 compared to Rs 441.14 crore in the fiscal ago period.

The fashion marketer recorded a net profit of Rs 7.43 crore for the reporting quarter as against a net loss of Rs 42.78 crore in the comparable quarter of the previous fiscal.

Through an all share deal, Aditya Birla Group had announced merger of all its apparel businesses into one legal entity, Aditya Birla Fashion and Retail Ltd in May last year.

The apparel businesses of Aditya Birla Nuvo and of Madura Garments Lifestyle were demerged into listed firm Pantaloons Fashion & Retail Ltd (PFRL).

This initiative made Aditya Birla Fashion and Retail, the largest pure play fashion company in India with a retail network of 1,869 exclusive stores. (AR)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search