Aditya Birla Fashion and Retail slips into red, records a consolidated loss of ~Rs410cr in Q1FY21

The company recorded total income from the operations of ~Rs323cr in Q1FY21.

Aug 13, 2020 02:08 IST India Infoline News Service

Aditya Birla Fashion and Retail Ltd announced its Q1FY21 results on Aug 13, 2020. Consolidated net revenue of Aditya Birla Fashion and Retail Ltd in Q1FY21 stood at Rs323.02cr, which declined by 84.36% yoy from Rs2,065.46cr in Q1FY20.

The company posted negative EBITDA of Rs360.39cr in Q1FY21 that decreased by 214.75% yoy. For Q1FY20, it had posted positive EBITDA of Rs314.06cr. EBITDA margin as of Q1FY21 was at negative 111.57% that declined by 126.78% yoy against the same quarter, the previous year.

The consolidated net loss in Q1FY21 came in at Rs410.36cr which declined by 2003.34%, as compared to Q1FY20, when it reported profit of  Rs21.56cr. The net profit margin in Q1FY21 came in at negative 127.04% which declined by 128.08% yoy. The net profit margin for Q1FY20 was at 1.04%.

Share price of company at 2:32pm is trading at Rs129.1 up by 8.76%.
Particulars Q1FY21 (Rs in cr) Q1FY20 (Rs in cr) % VAR
Net Revenue 323.02 2,065.46 -84.36
Operating Profit(Loss) (360.39) 314.06 -214.75
Net Profit(Loss) (410.36) 21.56 -2003.34
EBITDAM% -111.57 15.21 -126.78
PATM% -127.04 1.04 -128.08

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