iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

ABFRL Reports Q3 Loss of ₹107.60 Crore, Faces 4% Share Decline

15 Feb 2024 , 02:29 PM

Aditya Birla Fashion and Retail Limited (ABFRL) shares declined by 4% to ₹234.5 in the morning trade on February 15, following the announcement of a net loss of ₹107.60 Crore for Q3, compared to a net profit of ₹11.21 Crore in the same period last year.

The company’s revenue from operations in Q3 reached ₹4,166.71 Crore, indicating a 16% increase from ₹3,588.80 Crore in the corresponding quarter of the previous year.

At the time of writing, ABFRL’s stock was trading at ₹238.25, reflecting a 2.10% decrease from the previous close. Over the last three months, it has gained over 10% on the stock market.

The Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) for the quarter reached ₹605 Crore, showcasing a substantial growth of 29%.

Aditya Birla Fashion and Retail Limited (ABFRL) is an Indian fashion retail company headquartered in Mumbai, formed through the consolidation of the branded apparel businesses of Aditya Birla Group in May 2015, including Madura Fashion division, Pantaloons Fashion and Retail (PFRL), and Madura Fashion & Lifestyle (MFL).

ABFRL’s portfolio comprises well-established brands with over 25 years of presence, including Louis Philippe, Van Heusen, Allen Solly, and Peter England. Pantaloons, one of its subsidiaries, caters to men, women, and children with a mix of private labels and licensed brands in apparel and accessories.

ABFRL holds the rights to the India network of the California-based fashion brand Forever 21 and features international brands such as The Collective, Simon Carter, Hackett London, Ted Baker, Ralph Lauren, American Eagle, and Fred Perry in its portfolio.

For feedback and suggestions, write to us at editorial@iifl.com


Related Tags

  • news
  • Q3
sidebar mobile


Read More

Most Read News

Indices end the day in red
21 Jun 2024|07:00 PM
Zepto raises $665 million
21 Jun 2024|07:01 PM
Market Update: Nifty and Sensex Dip
21 Jun 2024|01:47 PM
Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.