Representative image Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 214.70 crore in the September 2024 quarter. The company had posted a net loss of Rs 200.34 crore during the July-September quarter a year ago, according to a regulatory filing by Aditya Birla Fashion and Retail Ltd (ABFRL) late…
Representative image Ethnic wear startup Suta saw its operating revenue increase 33% to Rs 75 crore during the financial year ended March 31, from Rs 57 crore in 2022-23. The Mumbai-based company’s consolidated net profit fell more than half to Rs 73 lakh from Rs 1.5 crore a year ago. The decline in profit was…
Representative Image Aditya Birla Digital Fashion Ventures Ltd, a wholly owned subsidiary of Aditya Birla Fashion and Retail Ltd, has invested Rs 75 crore in Wrogn, the men’s wear brand backed by Accel and cricketer Virat Kohli. “ABDFVL, a wholly owned subsidiary of the company, has infused Rs 75 crore of the final remaining portion…
Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 266.35 crore for the fourth quarter ended March 2024. The company had posted a net loss of Rs 194.54 crore during the January-March quarter a year ago, according to a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL). Its…
Aditya Birla Fashion and Retail Ltd (ABFRL) said it will raise Rs 2500 crore within a year of splitting its retail business and carving out Madura Fashion division into a new separate listed entity, Aditya Birla Lifestyle Brands Ltd (ABLBL). The demerger will be implemented through an NCLT scheme of arrangement and upon its completion,…
