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Home / Knowledge / News / Apparel/Garments / Aditya Birla Fashion Q1 revenue up 25% y-o-y
Aditya Birla Fashion Q1 revenue up 25% y-o-y
28
Jul '17
Driven by strong performance across all business segments, revenue grew by 25 per cent in first quarter (Q1) of FY 2018 compared to Q1 FY17 at Aditya Birla Fashion and Retail Limited (ABFRL). Lifestyle brands registered robust performance with revenue growth of 14 per cent aided by retail like-to-like growth of 21 per cent, and EBIDTA growth of 21 per cent.

Pantaloons continued its growth momentum and recorded Q1 FY18 revenue growth of 27 per cent with like-to-like growth of 14 per cent. EBITDA posted an impressive growth of 78 per cent. During the quarter, ABFRL added 5 Pantaloons stores including one franchisee store.

Fast Fashion segment revenues tripled in April-June 2017 quarter due to addition of Forever 21, while other businesses grew by 63 per cent.

ABFRL stabilised four season calendar, which led to greater freshness and lower inventory across channels. (RKS)

Fibre2Fashion News Desk – India


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