Conference Call with Aditya Birla Fashion and Retail Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Department Stores company Aditya Birla Fashion and Retail announced H1FY25 & Q2FY25 results Company posted 13% growth YoY, with revenue at Rs 3,644 crore for the quarter. H1 revenue stood at Rs 7,072 crore. growing 10% vs LY despite subdued demand environment. De-merged ABFRL, with play acroreoss multiple emerging high growth segments, grew 31% YoY. Ethnic businesses grew to more than three times of LY led by inclusion of TCNS and Tarun Tahiliani couture into the portfolio. Organic growth was ~10% YoY. TMRW’s portfolio more than doubled over LY. Consolidated Q2 EBITDA for the quarter stood at Rs 410 crore., up 11% YoY, while EBITDA margin was 11.2%. Established businesses continue to contribute towards margin stability. Lifestyle brands EBITDA margin stood at 18.4%. Pantaloons segment EBITDA up 65% YoY. Remaining businesses witness strong margin gains. While in H1, EBITDA margin expanded by 30 bps to reach 11.5%. Brands continued their distribution expansion in strategic markets; made corrections in underperforming markets. Total network at 4538 stores spanning 12.0 million sq. ft.. Sustained impetus on building a viable Digital and omnichannel model. 30%+ YoY growth in overall ecommerce sales in Q2. Net debt stood at Rs 3,759 crore. as of Sep 2024. Result PDF