Aditya Birla Fashion and Retail’s PAT up 79% in Q4FY19

On full year basis, the EBITDA has increased 24% (Rs619cr vs. Rs501cr) and Revenue has grown by 13% (Rs8,118cr vs. Rs7,181cr.) compared to FY18, which adjusted for Ind AS is 15% Growth.

May 15, 2019 09:05 IST India Infoline News Service

Result Analysis
Aditya Birla Fashion and Retail Limited reported Profit After Tax (PAT) for the quarter was 79% higher at Rs203cr vs. Rs113cr last year.

The company reported a robust increase in revenue of 9% from Rs1,754cr to Rs1,915cr with a decline in EBITDA in Q4FY19 due to rise in marketing spends in line with our endeavour to strengthen the brands.

On full year basis, the EBITDA has increased 24% (Rs619cr vs. Rs501cr) and Revenue has grown by 13% (Rs8,118cr vs. Rs7,181cr.) compared to FY18, which adjusted for Ind AS is 15% Growth.

The company reported 173% higher PAT of Rs321cr (including deferred tax asset of Rs194cr) vs Rs118cr (including deferred tax asset of Rs69cr.) last year.

Aditya Birla Fashion & Retail Ltd is currently trading at Rs192.30, down by Rs17.2 or 8.21%, from its previous closing of Rs209.50 on the BSE. The scrip opened at Rs211.95 and has touched a high and low of Rs211.95 and Rs189.10, respectively.

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