EBITDA margin expanded by 180 basis points (bps) to 18.4 per cent, reflecting operating leverage and improved portfolio mix. Normalised profit after tax (PAT) stood at ₹100 crore, up 66 per cent YoY, excluding a one-time statutory impact related to the new labour code, ABLBL said in a press release.
The quarter saw broad-based growth across channels. Retail like-to-like sales grew 6 per cent across a network of over 3,000 stores, marking the sixth consecutive quarter of positive LTL growth. E-commerce and wholesale channels also recorded double-digit YoY growth, while emerging brands delivered strong double-digit LTL expansion.
Lifestyle brands posted 9 per cent revenue growth to ₹2,002 crore, supported by robust multi-channel performance. EBITDA for the segment stood at ₹413 crore, with margins improving by around 90 bps to 20.6 per cent. During the quarter, over 70 new stores were added as the brands accelerated network expansion and premiumisation, alongside a sharper focus on casualwear to strengthen relevance among younger consumers.
The emerging business portfolio reported profitable growth, with revenue up 13 per cent YoY, or 19 per cent excluding Forever 21 from the base quarter. Retail LTL growth stood at 16 per cent, while EBITDA margins expanded sharply by 790 bps. The portfolio now operates across more than 375 stores, with over 20 new additions during the quarter.
Overall, ABLBL added more than 90 gross stores in Q3, taking its total footprint to 3,315 stores spanning approximately 4.8 million square feet.
For the nine-month (9M) period, ABLBL’s revenue reached ₹6,222 crore, marking a 6 per cent YoY increase, with margins expanding to 16.9 per cent. Gross store additions for the first nine months crossed 220, added the release.
Commenting on the outlook, the company said growth momentum is expected to sustain, supported by product innovation, faster distribution expansion and strong performance from emerging brands and non-retail channels. With a diversified brand portfolio and deep consumer insight, ABLBL aims to deliver sustained long-term value.
Fibre2Fashion News Desk (SG)