Home / Knowledge / News / Apparel/Garments / Q3 sales at Aditya Birla Fashion grow three-fold
Q3 sales at Aditya Birla Fashion grow three-fold
16
Feb '16
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


Must ReadView All

Courtesy: American & Efird

Textiles | On 20th May 2018

A&E introduces Repel

American & Efird (A&E), a global leader in industrial sewing thread...

Archroma working with House of Denim Foundation

Textiles | On 20th May 2018

Archroma working with House of Denim Foundation

Archroma, a leader in colour and specialty chemicals, has joined...

Courtesy: Amazon

Textiles | On 20th May 2018

Amazon opening first fulfillment centre in Tucson

Amazon.com is opening its first fulfillment centre in Tucson, which...

Interviews View All

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search