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.