>>
Home / Knowledge / News / Fashion / ABFRL revenue climbs 23% in Q3FY19

ABFRL revenue climbs 23% in Q3FY19

05
Feb '19
Courtesy: ABFRL
Courtesy: ABFRL
Aditya Birla Fashion and Retail Ltd. (ABFRL) has reported a stellar performance in the third quarter of fiscal 2019 with revenue rising 23 per cent to ₹2,282 million against ₹1,855 in the third quarter of fiscal 2018. PAT stood at ₹70 crore vis-a-vis ₹35 crore in FY18. This was on account of an overall improvement in all the business segments.

On YTD basis, the EBITDA has zoomed 44 per cent and revenue has grown 14 per cent (Ind AS and GST adjusted growth rate of 16 per cent).

Business segment Madura recorded a robust 18 per cent revenue growth at ₹1,345 crore in Q3 FY19 as against ₹1,139 crore in Q3 FY18. EBITDA rose by 24 per cent to ₹101 crore vis-à-vis ₹81 crore in the corresponding quarter of FY 18.

In the reported quarter, revenue for Lifestyle brands increased 16 per cent from ₹983 crore to ₹1,137 crore in Q3 FY19 while EBITDA grew by 15 per cent from ₹115 crore to ₹132 crore over the third quarter. While, Fast Fashion is continuing on the trajectory of operational improvement. Other businesses have registered spectacular revenue growth of 91 per cent over Q3 FY18. Innerwear distribution network continues to expand aggressively with approximately 12,000 outlets across the country at the end of this quarter.

Pantaloons delivered an impressive performance in the third quarter, powered by strong performance in the festive season. Revenues grew by 28 per cent over Q3 FY18 reaching ₹961 crore (Ind AS adjusted growth rate of 30 per cent). Business continued to improve profitability with EBITDA growth of 36 per cent from ₹65 crore to ₹.88 crore in Q3 FY19.

With a diversified portfolio of well positioned businesses, ABFRL continues to look forward to maintain its growth momentum in the future. The Lifestyle brands will continue its growth momentum, led by product innovation, network expansion, growth category expansion and impactful marketing campaigns. Pantaloons’ growth will be accelerated with its continued focus on product enhancement, brand investments and expansion into newer markets. Fast Fashion segment will continue with its journey of business model improvement. Innerwear is expected to keep expanding its reach, riding on both men’s and women’s distinctive products. The international brands will steadily build upon the existing brand portfolio. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 21st May 2022

China-S Korea trade exceeds $360 bn; 2-way investment crosses $100 bn

China-South Korea bilateral trade has exceeded $360 billion,...

Pic: Shutterstock

Apparel/Garments | On 21st May 2022

India’s RMG exports surged 16.4% in April 2022 in value terms

India's readymade garment (RMG) exports have registered a growth of...

Pic: Shutterstock

Textiles | On 20th May 2022

China reiterates call for tariffs cut after US official’s statement

After US treasury secretary Janet Yellen called for tariffs cuts on...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Meghna Kishore & Barkha Bhatnagar Das,

Meghna Kishore & Barkha Bhatnagar Das

Being conscious of living mindfully themselves, two sisters embarked on a...

Herve Orzech,

Herve Orzech

Centric Brands LLC is a leading lifestyle brand collective that designs,...

Ahmet Gecikli,

Ahmet Gecikli

Ser Mekatronik, founded in 2008, is specialised for providing mechanical...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Alvaro Mars, Label -  Alvaro Mars

Alvaro Mars
Label - Alvaro Mars

Alvaro Mars is designer of his eponymous and a non-binary brand that plays ...

Carmen Emanuela Popa, Label - Carmen Emanuela Popa

Carmen Emanuela Popa
Label - Carmen Emanuela Popa

<b>Carmen Emanuela Popa,</b> a Romanian fashion designer, is known for her ...

DR. M.M Kariappa, Vogue Institute of Art and design

DR. M.M Kariappa
Vogue Institute of Art and design

<div>Dr. MM Kariappa started Vogue Institute of Art &amp; Design in the...

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

ESTEEMED CLIENTS

The Top Form Brassiere Manufacturing Company Limited
J ;& P Coats
Officina Meccanica Dora Enrico Srl
Tchibo GmbH
Page Industries Limited (Bangalore)
THE BOMBAY DYEING ;& MFG.CO. LTD
Tuyap Tum Fuarcilik Yapim A.S.
GERBER TECHNOLOGY LTD.
Shanghai  Aige Exhibition Service Co., Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Nandan Denim Limited
Varner AS Retail
GHCL LIMITED
Maceton Limited
Eurofins BLC Leather Technology Centre Ltd
BIMBA ;& LOLA SL
Gloria Jeans
IIGM Private Limited
Reiter India Private Limited
UBM China (Shanghai)
TESCO INTERNATIONAL SOURCING LIMITED
MAS Active / MAS Kreeda / MAS Bodyline
Lisa S.P.A.
Kornit Digital Asia Pacific Ltd
USTER
Weitmann & Konrad GmbH & Co. KG
Hela Clothing Pvt Ltd
Applied DNA Sciences Inc
APLF Limited
Lectra Technologies India Pvt Ltd.
ZAITEX spa
Dow Silicones Corporation
Puma
Abit
Aquarelle Clothing Limited
Splash
Indofil Industries Limited - Specialty & Performance Chemicals Division
Tommy Hilfiger
FESPA (Reigate)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Kern – Liebers Textile
Alix Partners
Cat Tuong Real Estate Group Joint Stock Company
Lacoste (Wanchai)
Guess Europe Sagl,
John Varvatos
KAS Direct Sourcing
Italian Trade Commission
Itema Weaving (India) Private Limited
Desigual - ABASIC, S.A.
Mayer & Cie. GmbH & Co. KG
Infor (Hong Kong) Limited
TESTEX AG, Swiss Textile Testing Institute
LC Waikiki
Colours India Inc
Aramark Uniform ;& Career Apparel, LLC
DuPont de Nemours, Inc.,
Gatsby Africa
Gap International Sourcing Limited
DyStar India Pvt. Ltd
Huntsman (Singapore) Pte Ltd
Datatex Consulting Srl
Haelixa AG
Gokaldas Exports Limited
Brandix Lanka Limited
EUROVET ASIA LTD
The LYCRA Company Singapore  Pte. Ltd
N9 World Technologies Private Limited
Walmart
Landmark Group
X-Rite Asia Pacific Limited (HK)
Recron Polyester from Reliance Industries Limited
H. Stoll AG & Company KG
Savio Macchine Tessili S.P.A.
Marzoli Machines Textile s.r.l.
Xtema - Thomas Lebherz Textilmaschinen
Thai Trade Center
OVS Hong Kong Sourcing Ltd.
C;&A Sourcing International Ltd
Rosset ;& Cia Limited
TEXVALLEY MARKET LIMITED
Esprit Europe Services GmbH
The LYCRA Company Singapore  Pte. Ltd
Tradewind International Servicing
Mesdan SPA
Comasia Limited
Meera Dyestuff Industries
IFF Media Ag - International Media Services
Nihalani Events Management
BTC Textiles LLC
Arvind Limited
Datacolor AG Europe
BTSR International S.P.A.
International Sourcing Expo Australia
Restoque S.A.
EPCH
Recron Polyester from Reliance Industries Limited
Lululemon Athletica Inc
VNU Exhibitions Asia
G.A.S. unternehmenskommunikation gmbh
Thai Acrylic Fibre Company Limited
Groz-Beckert East Asia LLP
Sportmaster Ltd.
Grasim Industries Limited
Indo Tex
SHAHI Exports Pvt Ltd
Sportswear Company Spa
Equinox Impex India
BIANCA
Babyshop
Boardriders Asia Sourcing Limited
Truetzschler India Private Limited
Messe Duesseldorf
GIOVANNI BOZZETTO S.p.A.
Woolmark Services India Pvt. Ltd.
IDH – The Sustainable Trade Initiative
Loris Bellini S.r.l.
EMBEE CORPORATION
Amazon China
Chico’ FAS
Bluesign Technologies Ag
Target Corporation (MN)
IKEA of Sweden AB
BRINKMANN GMBH
Saurer Textile Solutions Pvt. Ltd.
Lenzing Aktiengesellschaft
China World International Exhibition Company Limited
Centric Software
Helly Hansen Far East Ltd
CSGIA(China Screen Printing & Graphic Imaging Association)
Color Service s.r.l.
Tory Burch Hong Kong Ltd
PVH Corporation
Hirdaramani International Export Private Limited
SYNERGIES HONG KONG LIMITED
JES MEDIA, INC
Chori Company Limited
Lenzing Aktiengesellschaft - India
NITI Aayog
G-Star Raw C.V.
Sainsbury's Argos Asia Limited
Under Armour Global Sourcing Ltd
Vardhman Textile Ltd
Phong Phu international JSC (PPJ)
Vianney Textil Hogar S.A. De C.V.
Alison Hayes Romania
Midas Clothing Limited
International Textile Manufacturers Federation
Flainox S.r.l.
Rayonese Textile Inc., Division de Culp Inc.
Groz-Beckert KG
Pt. Peraga Nusantara Jaya Sakti
Zydex Industries
Asos
KIABI
Shima Seiki Mfg. Ltd.
FULGAR SpA
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Inter Expo Center Ltd.
Istanbul Fuarcilik A.S.
Sateri (Jiujiang) Fiber Co.,Ltd
Thermore (Far East) Ltd.
Lottmann Communications
TÜYAP IHTISAS FUARLARI A.S.
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Palexpo SA
Etam Group Strategy Hong Kong Limited
NV Michel Van de Wiele
COTTON COUNCIL INTERNATIONAL
Benetton Group
H;&M Hennes ;& Mauritz (Far East) Ltd
Permoda(Koaj/Armi/Pronto/Bkul)
Newtech Textile Technology Development (Shanghai) Company Limited
Performance Days
Bluestem Global Sourcing Limited
CGS Inc.
Coats Digital Limited
Aleph Srl
Rieter India Private Limited
Brückner Trockentechnik GmbH & Co. KG
Green Fibre
ITMA Services Pte Ltd
Karl Mayer Textilmaschinenfabrik GmbH
Taiwan Textile Federation (TTF)
T.T. Limited
Seasalt Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Copenhagen Fashion Summit
Decathlon
Calvin Klein
Stahl Holdings B.V.,
Lifestyle
Messe Frankfurt Exhibition GmbH
Jindal Worldwide Limited
K AND D ITMACH EXPOSITIONS LLP
Zünd Systemtechnik AG
Jiangsu Yingyang Nonwoven Machinery Company Limited
Eastman Chemical Company

May 2022

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


Advanced Search